Establishing Regret Attitude of a Decision Maker within the MCDM Modeling Framework.

The paper describes the MCDM modeling framework can be extended to account for the notion of regret. The Non-regrettable decisions are generated in accordance with a DM's regret attitude which is established through an analysis of the trade-offs. Decisional validity of a proposed modeling framework is illustrated with a simple example.

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Year of publication:	1998-09
Authors:	Kaliszewski, I. ; Michalowski, W.
Institutions:	International Institute for Applied Systems Analysis (IIASA)

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Extent:	application/pdf application/postscript
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005740173