Effects on decision quality of supporting multi-attribute evaluation in groups

Article Abstract:

Supporting multi-attribute utility (MAU) positively affects group decisions regarding problems that have three or fewer alternatives and criteria to be considered. Group decisions on complex problems that are based on MAU, on the other hand, tend to have reduced accuracy. MAU can be used more effectively in complex problems when this is evaluated by individual decision maker prior to group discussion. This shows that good decision making should incorporate individual as well as group support.

Asset & Risk Management NEC, Decision-making, Decision making, Management, Evaluation, Risk management, Decision support systems

---

A comparison of different methods for the elicitation of attribute weights: structural modeling, process tracing, and self-reports

Article Abstract:

The structural modeling, process tracing and self-reports methods of eliciting attribute weights are studied. Subjects were asked to judge the profiles of fictitious persons based on a number of attributes. Attribute weights were determined by fitting a statistical model, assessing verbal protocols and asking subjects about influence of attributes in judgement. Results show that the three methods provide similar information.

Research

---

Limiting predecisional distortion by prior valuation of attribute components

Article Abstract:

Predecisional distortion of product attributes is a result of the biased construction of attribute component valuations during the choice process. This component valuation hypothesis was tested in two preferential choice studies. The participants who were exposed to attribute components before the choice process were less confident in the leading option during the choice process.

Production Management, Product Development, Market Research & Product Development, Analysis, Time to market

Similar abstracts:

• Abstracts: Cynical hostility, depression, and obesity: the moderating role of education and gender. Family functioning and psychosocial adjustment in overweight youngsters
• Abstracts: Memory processes and hypochondriacal tendencies. Exploring polarization in organizational groups. Reactance in closed groups: the effect of belief in powerful others
• Abstracts: Differential heritability of eating attitudes and behaviors in prepubertal versus pubertal twins. Brain dopamine is associated with eating behaviors in humans
• Abstracts: A sexual selection theory longitudinal analysis of sexual segregation and integration in early adolescence. Early predictors of letter knowledge
• Abstracts: Reconciliation, relationship quality, and post conflict anxiety: Testing the integrated hypothesis in captive chimpanzees

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.