Multicriterion Decision in Management - Principles and Practice (INTERNATIONAL SERIES IN OPERATIONS RESEARCH AND) (International Series in Operations Research & Management Science) [Hardcover]

Jean-Charles Pomerol (Author), Sergio Barba-Romero (Author)

Book Description

ISBN-10: 0792377567 | ISBN-13: 978-0792377566 | Publication Date: February 28, 2000 | Edition: 1

Multicriterion Decision in Management: Principles and Practice is the first multicriterion analysis book devoted exclusively to discrete multicriterion decision making. Typically, multicriterion analysis is used in two distinct frameworks: Firstly, there is multiple criteria linear programming, which is an extension of the results of linear programming and its associated algorithms. Secondly, there is discrete multicriterion decision making, which is concerned with choices among a finite number of possible alternatives such as projects, investments, decisions, etc. This is the focus of this book. The book concentrates on the basic principles in the domain of discrete multicriterion analysis, and examines each of these principles in terms of their properties and their implications. In multicriterion decision analysis, any optimum in the strict sense of the term does not exist. Rather, multicriterion decision making utilizes tools, methods, and thinking to examine several solutions, each having their advantages and disadvantages, depending on one's point of view. Actually, various methods exist for reaching a good choice in a multicriterion setting and even a complete ranking of the alternatives. The book describes and compares these methods, so-called `aggregation methods', with their advantages and their shortcomings. Clearly, organizations are becoming more complex, and it is becoming harder and harder to disregard complexity of points of view, motivations, and objectives. The day of the single objective (profit, social environment, etc. ) is over and the wishes of all those involved in all their diversity must be taken into account. To do this, a basic knowledge of multicriterion decision analysis is necessary. The objective of this book is to supply that knowledge and enable it to be applied. The book is intended for use by practitioners (managers, consultants), researchers, and students in engineering and business.

Product Details

• Hardcover: 408 pages
• Publisher: Springer; 1 edition (February 28, 2000)
• Language: English
• ISBN-10: 0792377567
• ISBN-13: 978-0792377566
• Product Dimensions: 9.5 x 6.3 x 1.2 inches
• Shipping Weight: 1.8 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #3,938,214 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.