Solving Design Problems
Pekka Korhonen and
Jyrki Wallenius
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Jyrki Wallenius: Aalto University School of Business
Chapter Chapter 11 in Making Better Decisions, 2020, pp 101-110 from Springer
Abstract:
Abstract In the presence of multiple objectives, ‘optimizing’ each of them separately usually leads to different solutions. Which solution the decision-maker prefers depends on her preferences, that is how she weighs the different objectives.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-030-49459-9_11
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DOI: 10.1007/978-3-030-49459-9_11
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