Many of the complex problems faced by decision makers involve multiple conflicting
objectives. This book describes how a confused decision maker, who wishes to make a …

This paper offers a personal perspective on the development of decision theory and related
subjects during the past half century. It first reviews six milestones in the foundations of …

Value trade-offs define how much must be gained in the achievement of one objective to
compensate for a lesser achievement on a different objective. Value trade-offs that …

Multiple Criteria Decision Making and its Applications to Economic Problems ties Multiple
Criteria Decision Making (MCDM)/Multiple Objective Optimization (MO) and economics …

Individual decision-making forms the basis for nearly all of microeconomic analysis. These
notes outline the standard economic model of rational choice in decisionmaking. In the …

In Decision Space: Multidimensional Utility Analysis, first published in 2001, Paul Weirich
increases the power and versatility of utility analysis and in the process advances decision …

This book provides a synthesis of the theory of decision making and its practical application
in decision analysis. Part 1 provides a detailed guide to the principles of decision theory …

Decision making is the process of selecting a possible course of action from all the available
alternatives. In almost all such problems the multiplicity of criteria for judging the alternatives …

Let A be a set of feasible alternatives or decisions, and suppose n different indices,
measures, or objectives are associated with each possible decision of A. How can a “best” …

The conflicting interests or objectives are a perpetual object about which economics and
other social sciences concern. There are essentially three classes of conflicting interests: the …