An empirical study of equivalence judgments vs. ratio judgments in decision analysis

Article Abstract:

This study compared ratio, equivalence and preference judgements, finding that ratio judgments were less effective than equivalence judgments. Multiattribute decision-making techniques should capitalize on the decision-maker's tendency to make effective equivalent trade-off judgments. Further research should incorporate different, commonly-used techniques to draw out and combine equivalence trade-off judgments.

Strategic planning (Business)

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An empirical study of equivalence judgments vs. ratio judgments in decision analysis

Article Abstract:

This study compared ratio, equivalence and preference judgements, finding that ratio judgments were less effective than equivalence judgments. Multiattribute decision-making techniques should capitalize on the decision-maker's tendency to make effective equivalent trade-off judgments. Further research should incorporate different, commonly-used techniques to draw out and combine equivalence trade-off judgments.

Planning

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The effectiveness of decisional guidance: An empirical evaluation

Article Abstract:

Study evaluates four types of decision support systems and how they affect the decision-making process. Four evaluation criteria were used, decision quality, user satisfaction, user learning, and decision-making efficiency. Results indicate that deliberate decisional guidance was more effective on the four criteria.

Business

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