Decisions with Multiple Objectives: Preferences and Value Trade-Offs
ISBN-13:
9780521441858
ISBN-10:
0521441854
Edition:
1
Author:
Howard Raiffa, Ralph L. Keeney
Publication date:
1993
Publisher:
Cambridge University Press
Format:
Hardcover
588 pages
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Book details
ISBN-13:
9780521441858
ISBN-10:
0521441854
Edition:
1
Author:
Howard Raiffa, Ralph L. Keeney
Publication date:
1993
Publisher:
Cambridge University Press
Format:
Hardcover
588 pages
Summary
Decisions with Multiple Objectives: Preferences and Value Trade-Offs (ISBN-13: 9780521441858 and ISBN-10: 0521441854), written by authors
Howard Raiffa, Ralph L. Keeney, was published by Cambridge University Press in 1993.
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Description
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 reasonable and responsible choice among alternatives, can systematically probe his true feelings in order to make those critically important, vexing trade-offs between incommensurable objectives. The theory is illustrated by many real concrete examples taken from a host of disciplinary settings. The standard approach in decision theory or decision analysis specifies a simplified single objective like monetary return to maximise. By generalising from the single objective case to the multiple objective case, this book considerably widens the range of applicability of decision analysis.
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