MULTIPLE OBJECTIVE DECISION MAKING: GENERATING TECHNIQUES OR GOAL PROGRAMMING?

Two approaches to formal multiple objective decision analysis are described , illustrated and compared. These two approaches, generating techniques and goal programming, are illustrated by the solution of a simple numerical example. This solution combined with some lessons from the field of psychology provide a basis for some judgments on the relative merits of the approaches.

MoreLess

Authors:	Perlack, Robert D. ; Willis, Cleve E.
Published in:	Northeastern Journal of Agricultural and Resource Economics. - Northeastern Agricultural and Resource Economics Association - NAREA. - Vol. 09, 1:
Publisher:	Northeastern Agricultural and Resource Economics Association - NAREA
Subject:	Research and Development/Tech Change/Emerging Technologies \| Research Methods/ Statistical Methods

More details

Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010915421