Application of matrix equations in the AIDA method

Michał Wiśniewski

The article presents the problem of a decision-making process based on the method known as the analysis of interconnected decision areas (AIDA). Author described the basic assumptions of the AIDA method and the classic method of its implementation with the usage of a decision tree. Crucially, the new and innovative improvement in development of the AIDA method is connected with the replacement of the decision tree by the matrix equation to speed up the cost assessment of decision variants.

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Year of publication:	2019
Authors:	Wišniewski, Michał
Published in:	Foundations of Management : the journal of Warsaw University of Technology. - Warsaw : De Gruyter, Versita, ISSN 2300-5661, ZDB-ID 2761412-8. - Vol. 11.2019, 1, p. 267-276
Subject:	decision-making \| decisive problem \| matrix \| decision area \| elementary decision \| decision trees \| Entscheidung \| Decision \| Entscheidungsbaum \| Decision tree \| Entscheidungstheorie \| Decision theory \| Multikriterielle Entscheidungsanalyse \| Multi-criteria analysis

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.2478/fman-2019-0022 [DOI] hdl:10419/236998 [Handle]
Classification:	C10 - Econometric and Statistical Methods: General. General ; h12
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012125111