Decision-Making Tools: Deleting Criteria Using Sensitivity Analysis

Fatima M. Albar () and Dundar F. Kocaoglu
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Fatima M. Albar: Portland State University
Dundar F. Kocaoglu: Portland State University

Chapter Chapter 14 in Hierarchical Decision Modeling, 2016, pp 309-320 from Springer

Abstract: Abstract Research has shown that as the attractiveness of alternatives rises with more choices, individuals experience conflict between the alternatives, which causes them to defer their decision, search for new alternatives, or choose the default option. Having lesser attributes simplifies complex problems and the decision-making process. This chapter uses the sensitivity analysis in hierarchical decision model, developed by Hongyi Chen, to prove that we can reduce the size of a problem and make the decision easier with the future change of values of attributes, without affecting the final decision.

Keywords: Hierarchical Decision Model (HDM); Wafer Size Increases; Rank Alternative Decision; Process-tracing Study; Frugal Algorithm (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-3-319-18558-3_14

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DOI: 10.1007/978-3-319-18558-3_14

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