The analytic hierarchy process (AHP) is flawed as a procedure for ranking alternatives in that the rankings produced by this procedure are arbitrary. This paper provides a brief review of several areas of operational difficulty with the AHP, and then focuses on the arbitrary rankings that occur...

This note presents a description of a time-sharing computer program written to implement a man-machine interactive algorithm for the solution of the multiple criteria problem. The interactive algorithm was suggested in a recent paper by Geoffrion, "Vector Maximal Decomposition Programming,"...

The use of goal programming for the solution of the multiple criteria problem is discussed. An extension of this use is presented in the form of an algorithm which requires interaction with the relevant decision-maker in order to obtain certain information regarding his utility function defined...

Management science and decision science have grown exponentially since midcentury. Two closely-related fields central to this growth are multiple criteria decision making (MCDM) and multiattribute utility theory (MAUT). This paper comments on the history of MCDM and MAUT and discusses topics we...

In this paper we propose a standard measure of risk that is based on the converted expected utility of normalized lotteries with zero-expected values. This measure of risk has many desirable properties that characterize the notion of risk. It is very general and includes many previously proposed...

This paper discusses a utility function estimation procedure developed to provide curriculum planning information to elementary school principals. Both theoretical and empirical studies were performed to evaluate the procedure. The results of the use of this approach to obtain data from a...

This paper describes the development of an operations management model and its implementation in a simulation mode in order to study the effects of alternative organizational designs and person/work assignment criteria on the utilization of the technological and human resources of a firm. The...

This paper is an update of a paper that five of us published in 1992. The areas of multiple criteria decision making (MCDM) and multiattribute utility theory (MAUT) continue to be active areas of management science research and application. This paper extends the history of these areas and...

This paper describes the integration of a network optimization algorithm with a decision and information system for the Graduate School of Management at UCLA. This optimization algorithm plays an important role in the determination of the annual teaching schedule by assigning faculty to courses...

An individual's preference for risky alternatives is influenced by the strength of preference he feels for the consequences and his attitude toward risk taking. Conventional measures of risk attitude confound these two factors. In this paper we formally separate these factors and explore how...