IDEAS home Printed from https://ideas.repec.org/p/kyo/wpaper/637.html
   My bibliography  Save this paper

Development of Interactive Support Systems for Multiobjective Decision Analysis under Uncertainty

Author

Listed:
  • Fumiko Seo

    (Institute of Economic Research, Kyoto University)

  • Hidenobu Hamamoto

    (Graduate School of Engineering, Hiroshima University)

Abstract

This paper presents interactive multiobjective decision analysis support systems, called MIDASS, which is a newly developed interactive computer program for strategic use of expected utility theory. Decision analysis based on expected utility hypothesis is an established prescriptive approach for supporting business decisions under uncertainty, which embodies an effective procedure for seeking the best choice among alternatives. It is usually difficult, however, for the decision maker (DM) to apply it for the strategic use in the realistic business situations. MIDASS provides an integrated interactive computer system for supporting multiobjective decision analysis under uncertainty, which assists to derive an acceptable business solution for DM with the construction of his/her expected multiattribute utility fuction (EMUF).

Suggested Citation

  • Fumiko Seo & Hidenobu Hamamoto, 2007. "Development of Interactive Support Systems for Multiobjective Decision Analysis under Uncertainty," KIER Working Papers 637, Kyoto University, Institute of Economic Research.
  • Handle: RePEc:kyo:wpaper:637
    as

    Download full text from publisher

    File URL: http://www.kier.kyoto-u.ac.jp/DP/DP637.pdf
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hayashida, Tomohiro & Nishizaki, Ichiro & Ueda, Yoshifumi, 2010. "Multiattribute utility analysis for policy selection and financing for the preservation of the forest," European Journal of Operational Research, Elsevier, vol. 200(3), pages 833-843, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kyo:wpaper:637. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ryo Okui). General contact details of provider: http://edirc.repec.org/data/iekyojp.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.