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Introduction to Multicriteria Decision Analysis

In: Multicriteria Analysis

Author

Listed:
  • Mahdi Zarghami

    (University of Tabriz, Faculty of Civil Engineering)

  • Ferenc Szidarovszky

    (University of Arizona, College of Engineering Dept. Systems & Industrial Engineering)

Abstract

Decision analysis is the science and art of designing or choosing the best alternatives based on the goals and preferences of the decision maker (DM). Making a decision implies that there are alternative choices to be considered. In such cases, we do not want to identify only as many of these alternatives as possible but we want to choose the one that best fits our goals, desires, lifestyle, values, and so on (Harris 1997). In other words, decision analysis is the science of choice. For example, selecting the best technology for urban water supply, developing flood protection alternatives, or optimizing the operation of a reservoir are all the problems of choice.

Suggested Citation

  • Mahdi Zarghami & Ferenc Szidarovszky, 2011. "Introduction to Multicriteria Decision Analysis," Springer Books, in: Multicriteria Analysis, chapter 0, pages 1-12, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-17937-2_1
    DOI: 10.1007/978-3-642-17937-2_1
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