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MULTIPLE‐CRITERIA DECISION MAKING INCLUDING QUALITATIVE FACTORS: THE POST‐MODEL ANALYSIS APPROACH

  • Jae Kyu Lee
  • , E. Gerald Hurst
  • University of Pennsylvania

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

As a method of solving multiple‐criteria decision making problems with a single quantitative objective and multiple qualitative objectives, the post‐model analysis (PMA) approach is proposed. The essence of PMA is to support the trade‐offs between a quantitative objective and multiple qualitative objectives so that the decision maker can find a perceived most preferred nondominated solution. To this end, the optimal solution of a quantitative model is found first, without regard for qualitative factors. The solution is then evaluated in terms of qualitative objectives. When the initial quantitatively optimal solution is adjusted to allow improvement of qualitative goals, opportunity costs of achieving qualitative goals are incurred. In this process, an expert system and/or graphical display can be used. PMA therefore provides a way to incorporate quantitative models into knowledge‐based expert systems.

Original languageEnglish
Pages (from-to)334-352
Number of pages19
JournalDecision Sciences
Volume19
Issue number2
DOIs
StatePublished - Jun 1988

Keywords

  • Bargaining Behavior
  • Decision Processes
  • Decision Support Systems
  • Sensitivity Analysis.

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