Decision-making paradox

decision making paradox
The decision-making paradox relates to decision-making and the quest for determining reliable decision-making methods.wikipedia
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Decision-making

decision makingdecisionsdecision
The decision-making paradox relates to decision-making and the quest for determining reliable decision-making methods.
This leads to the formulation of a decision-making paradox.

Rank reversals in decision-making

rank reversalrank reversals in decision making
A key role in this quest is played by the study of rank reversals in decision making.
After all, determining the best decision making method leads to a decision making paradox.

Analytic hierarchy process

(AHP)AHPAHP (Analytic Hierarchy Process):
The methods used in that study were the weighted sum model (WSM), the weighted product model (WPM), and two variants of the analytic hierarchy process (AHP). The following multi-criteria decision-making methods have been confirmed to exhibit this paradox:The analytic hierarchy process (AHP) and some of its variants, the weighted product model (WPM), the ELECTRE (outranking) method and its variants and the TOPSIS method.

Multiple-criteria decision analysis

multi-criteria decision analysismulti-criteria decision makingMCDA
The decision-making paradox was first described in 1989, and further elaborated in the 2000 book by Triantaphyllou on multi-criteria decision analysis (MCDA) / multi-criteria decision making (MCDM). The following multi-criteria decision-making methods have been confirmed to exhibit this paradox:The analytic hierarchy process (AHP) and some of its variants, the weighted product model (WPM), the ELECTRE (outranking) method and its variants and the TOPSIS method.

Decision analysis

analysisdecision analysesdecision analysts
It was first described in 1989, and has been recognized in the related literature as a fundamental paradox in multi-criteria decision analysis (MCDA), multi-criteria decision making (MCDM) and decision analysis since then.

Weighted sum model

weighted sum techniqueWSM
The methods used in that study were the weighted sum model (WSM), the weighted product model (WPM), and two variants of the analytic hierarchy process (AHP).

Weighted product model

The methods used in that study were the weighted sum model (WSM), the weighted product model (WPM), and two variants of the analytic hierarchy process (AHP). The following multi-criteria decision-making methods have been confirmed to exhibit this paradox:The analytic hierarchy process (AHP) and some of its variants, the weighted product model (WPM), the ELECTRE (outranking) method and its variants and the TOPSIS method.

ELECTRE

Elimination and Choice Expressing Reality
The following multi-criteria decision-making methods have been confirmed to exhibit this paradox:The analytic hierarchy process (AHP) and some of its variants, the weighted product model (WPM), the ELECTRE (outranking) method and its variants and the TOPSIS method.