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Decisions with multiple objectives: Preferences and value tradeoffs (Wiley series in probability and mathematical statistics)

hardcoverJanuary 1, 1976
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ISBN-13: 9780471465102 ISBN-10: 0471465100
Publisher
Wiley
Binding
hardcover
Published
January 1, 1976
Weight
2.1 lbs
Dimensions
0.00×0.00×0.00 cm

About this book

Decisions with multiple objectives: Preferences and value tradeoffs (Wiley series in probability and mathematical statistics) by Keeney, Ralph L.;Raiffa, Howard. hardcover edition. ISBN: 9780471465102.

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.