Some theory and an approach to solving sequential multiple-criteria decision problems
- University of Jyväskylä
- Arizona State University
This paper examines a sequential multiple-criteria decision problem. The problem arises when a decision-maker is unable to consider all possible decision alternatives simultaneously. The decision-maker evaluates only a subset of all decision alternatives, from which he chooses the most preferred solution. Obviously, this solution is not necessarily ‘globally’ best. An interesting question is: how good is the most preferred solution and what are the chances of finding a better solution by considering additional alternatives? A unified approach to solving this problem based on probability theory is presented and illustrated with numerical examples.
|Julkaisu||Journal of the Operational Research Society|
|Tila||Julkaistu - 1986|
|OKM-julkaisutyyppi||A1 Julkaistu artikkeli, soviteltu|