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Making Better Decisions : Balancing Conflicting Criteria / / by Pekka J. Korhonen, Jyrki Wallenius



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Autore: Korhonen Pekka J Visualizza persona
Titolo: Making Better Decisions : Balancing Conflicting Criteria / / by Pekka J. Korhonen, Jyrki Wallenius Visualizza cluster
Pubblicazione: Cham : , : Springer International Publishing : , : Imprint : Springer, , 2020
Edizione: 1st ed. 2020.
Descrizione fisica: 1 online resource (176 pages) : illustrations
Disciplina: 658.403
Soggetto topico: Operations research
Decision making
Management science
Industrial psychology
Behavioral economics
Operations Research/Decision Theory
Operations Research, Management Science
Industrial and Organizational Psychology
Behavioral/Experimental Economics
Persona (resp. second.): WalleniusJyrki
Note generali: Includes index.
Nota di contenuto: Different Paradigms of Decision-Making -- About the Role of Intuition -- Towards Analytic Decision-Making -- How Do Humans Make Choices? -- Beware of Decision Traps: The World of Certainty -- Beware of Decision Traps: The World of Uncertainty -- The Devil is in the Details -- A Picture is Worth a Thousand Words -- Choosing Among Known Alternatives -- Designing Potential Solutions -- Solving Design Problems -- Need for Decision Support Systems -- Use Scenarios Instead of a Crystal Ball -- Making Operations More Efficient -- Real-World Problems -- Negotiating a Deal -- In Conclusion.
Sommario/riassunto: This book offers a comprehensive introduction to decision-making in an MCDM framework. Designed as a tutorial, it presents the main concepts and methods to be applied, together with essential background information. This includes the concept of nondominance, Simon’s bounded rationality, Tversky and Kahneman’s prospect theory, and the concepts of behavioral vs. mathematical convergence and premature stopping put forward by Korhonen, Moskowitz and Wallenius. The book concludes with a non-technical review of many popular decision algorithms, including the Analytic Hierarchy Process (AHP), VIMDA, and a number of classic interactive man-machine algorithms. In essence, the book is a “one-stop” source on everything you need to know about managerial decision-making in the multiple-criteria setting.
Titolo autorizzato: Making Better Decisions  Visualizza cluster
ISBN: 3-030-49459-4
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910427059203321
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Serie: International Series in Operations Research & Management Science, . 0884-8289 ; ; 294