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Business, international

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Inverse inconsistency in analytic hierarchies

Article Abstract:

The problem of inverse inconsistency in T.L. Saaty's Analytic Hierarchy Process (AHP) is analyzed. H.A. Donegan and F.J. Dodd show that the problem involving the calculation of random indexes in the AHP can be modified with the inclusion of the Principle of Priority. The Modified Analytic Hierarchy Process removes the ambiguity of results while retaining the scoring method employed by AHP.

Author: Dodd, F.J., Donegan, H.A., McMaster, T.B.M.
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1995
Models

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Dynamic decision making without expected utility: an operational approach

Article Abstract:

A study examines the operational approach of rank dependent utility theory in dynamic decision making.

Author: Nielsen, Thomas D., Jaffray, Jean-Yves
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2006
France, Methods, Analysis, Utility theory, Utility functions

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Subjects list: Decision-making, Decision making
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