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Unread 26 Aug 2006, 15:22   #1
Knight Theamion
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Anyone here familiar with MCDA?

MCDA meaning Multi-Criteria Decision Analysis, also known as MCA, you can guess where that stands for.

I understand how SMART and the AHP work, but the utility function, MAUT and Electre I, Electre II and Electre III are still a bit of a riddle to me, can someone give me some pointers to start with, I guess I can work my way from there, can't find decent references on the web....
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Unread 26 Aug 2006, 15:34   #2
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Re: Anyone here familiar with MCDA?

Just off the top of my head ...

Multi-Criteria Decision Analysis (MCDA), or Multi Criteria Decision Making, is a procedure aimed at supporting decision maker(s) whose problem involves numerous and conflicting evaluations. MCDA aims at highlighting these conflicts and deriving a way to come to a compromise in a transparent process. For example, European Parliament may apply MCDA to arrive on a number of conclusions on whether introducing software patents in Europe would help or destroy European software industry. Since MCDA involves a certain element of subjectiveness, morals and ethics of the researcher implementing MCDA plays a significant part on accuracy and fairness of MCDA's conclusion. The ethical point is very important when one is making a decision that seriously impact on other people as opposed to a personal decision. Some of the MCDA models are:-

Analytic Hierarchy Process (AHP)
Fuzzy Set Theory
Goal Programming
ELECTRE (Outranking)
Data Envelopment Analysis
Which model is most appropriate depends on the problem at hand and may be to some extent which model decision maker is most comfortable with.
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Unread 26 Aug 2006, 15:42   #3
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Re: Anyone here familiar with MCDA?

I think he wanted to know how to apply MAUT, Electre I, Electre II and Electre III
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Unread 26 Aug 2006, 16:20   #4
KoeN
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Re: Anyone here familiar with MCDA?

hans where are you and what on earth are you doing these days?
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Unread 26 Aug 2006, 19:15   #5
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Re: Anyone here familiar with MCDA?

I am actually taking a decision making theory course right now. We're focusing on decision analysis from a theoretical perspective. Determining alternatives, predicting output, determining utility of output, picking the better alertnative based on problem and objectives (in a very rough nutshell).
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Unread 27 Aug 2006, 09:54   #6
Knight Theamion
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Re: Anyone here familiar with MCDA?

Quote:
Originally Posted by KoeN
hans where are you and what on earth are you doing these days?
At home or at nicky's .. studying and hockeying .. courses start next week, this week I got one retake. What on earth are you doing nowadays?

Anyways if someone can give me a quick introduction into MAUT and Electre and if possible the Utility Function I'd be more then grateful, thanks.
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