Inferring Preferences in Multiple Criteria Decision Analysis Using a Logistic Regression Model

Article Abstract:

A method is proposed for the analysis of multiple criteria decision making problems in an interactive environment, when decision-maker preferences are inconsistent with a simple utility model and-or are self-inconsistent (e.g.showing intransitivities). A maximum likelihood estimation procedure is invoked which is based on a logistic regression model relating the probability of selecting one decision option over another to a linear function of attribute values. The method is illustrated by application to multi-objective linear programming, where it serves as an alternative to the method of Zionts and Wallenius (1976), and allows for inconsistencies which are not satisfactorily handled in the Zionts-Wallenius approach.(Reprinted by Permission of Publisher.)

Linear programming, Regression analysis, Estimation, Criteria, Stochastic Model, Programming, Decision Making, Methods

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A Spatial Model of Effectiveness Criteria: Towards a Competing Values Approach to Organizational Analysis

Article Abstract:

Effectivenss is the key goal of organizational analysis. Few can agree on a definition of effectiveness however. A spatial model for effectiveness has been developed that identifies the most central concepts. Four middle-range approaches are presented. Each is based on different clusterings of these central concepts. The overall model makes the pertinent values in the effectiveness construct explicit. The researcher then knows what value choices have been made. The competing values model can be presented in order to clarify the extent to which certain concepts are valued. Diagrams of models are available.

Organizations, Organization Structure, Operations Research, Theory

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Age Replacement Under Alternative Cost Criteria

Article Abstract:

Relationships between optimum replacement problems under three different cost criteria are discussed. An ordering of the accounting costs is developed. An ordering of the optimum replacement time is derived for distributions with increasing hazard rates. The policies are compared to the optimal sequential and fixed-age replacement policies.

Algorithms, Algorithm, Reliability (Trustworthiness), Modeling, Data modeling software, Reliability, Optimization, Replacement Policy, Component Reliability

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