Fundamentals of Decision Making and Priority Theory 1st Edition

3.7 out of 5 stars 8 ratings
ISBN-13: 978-0962031762
ISBN-10: 0962031763
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  • Fundamentals of Decision Making and Priority Theory
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Editorial Reviews

From the Publisher

This work is the outcome of many years research into a very practical, yet simple way to facilitate group decision making. This book is about making decisions the natural way which we call the Analytic Hierarchy Process (AHP). There are two kinds of decisions: intuitive and analytical. Intuitive decisions are not supported by data and documentation and may appear arbitrary. A surprising amount of corporate decision making is of the intuitive type. The person charged with making the decision accumulates a lot of information, probably biased by his own values, goes in a room and comes out with a decision. This model is a poor basis from which to operate a large corporation. Analytical decision making, when used collectively in a corporation, leads to shared values. Decisions that are required by corporations metamorphose from individual to strategic to portfolio decisions. The Analytic Hierarchy Process is the way to introduce analytical decision making in! your organization.

About the Author

Thomas L. Saaty is a Distinguished University Professor at the University of Pittsburgh, where he teaches at the Pitt Graduate School of Business. He is best-known as being the modern mathematician who figured out a way to measure intangibles, and is the inventor, architect, and primary theoretician of the Analytic Hierarchy Process, a decision-making framework used for large-scale, multiparty, multi-criteria decision analysis, and of the Analytic Network Process, its generalization to decisions with dependence and feedback. Saaty is a member of National Academy of Engineering (2005), and in 2008 he received the Impact Prize from the Operations Research Society INFORMS for how the AHP has revolutionized the way we resolve complex decision problems. The publication of his books on the Analytic Hierarchy Process and the release of PC-based software such as SuperDecisions and web-based collaborative software such as Decision Lens have led to widespread dissemination of the process. The AHP has been applied worldwide to help decision makers in every conceivable decision context across both the public and private sectors, with literally thousands of reported applications.


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Product details

  • Publisher ‏ : ‎ RWS Publications; 1st edition (June 1, 2000)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 477 pages
  • ISBN-10 ‏ : ‎ 0962031763
  • ISBN-13 ‏ : ‎ 978-0962031762
  • Item Weight ‏ : ‎ 1.1 pounds
  • Dimensions ‏ : ‎ 5.5 x 1 x 8.75 inches
  • Customer Reviews:
    3.7 out of 5 stars 8 ratings

About the author

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Dr. Thomas L. Saaty is a Distinguished University Professor at the University of Pittsburgh's Joseph M. Katz Graduate School of Business. Dr. Saaty is the creator of the Analytic Hierarchy Process (AHP), a mathematical method that is proven to enhance decision-making outcomes for complex and thorny problems, especially those that involve multiple stakeholders, a scarcity of resources, limited data, and limited time with which to make a decision — in short, all of the factors inherent in the study of economics.

During the past thirty years, Dr. Saaty's pioneering AHP method has been applied, either directly by himself or others, to a broad spectrum of political and economic quandaries. Poland has used the AHP to determine if and when to adopt the euro for its currency. China has used the AHP to decide on the suitability of locations for dams and bridges and whether or not to build them. The National Cancer Institute has used the AHP to prioritize cancer antigens for investment. British Airways has used it to decide on the best entertainment equipment to put in its fleet. Corporations have used it to decide the feasibility of acquiring manufacturing plants in countries overseas. Indeed, the AHP process has virtually limitless applications, and thanks to advanced software and computing power, the process is more scalable than ever.

Dr. Saaty has written more than 35 books and hundreds of academic papers. He earned his PhD in mathematics from Yale University and did post-graduate study at the University of Paris at the Sorbonne. Prior to joining the faculty of the Katz School in 1979, Dr. Saaty was a professor or 10 years at the University of Pennsylvania's Wharton School of Business. Dr. Saaty's global impact has spread through the quality and breadth of his publications. There is now an International Symposium on the AHP, ISAHP, established in 1988, that takes place every two years and also an International Journal of the Analytic Hierarchy Process, IJAHP, devoted to papers about the theory and application of AHP.

Customer reviews

3.7 out of 5 stars
3.7 out of 5
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Top reviews from other countries

Gianna und Eugen Pauls
3.0 out of 5 stars Ist ein gutes Kindl buch aber nicht Zitierfähig!!!
Reviewed in Germany on August 25, 2015