Multi-criteria Decision-Making, Evolution, and Characteristics
Nolberto Munier
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Nolberto Munier: INGENIO, Polytechnic University of Valencia
Chapter Chapter 1 in Strategic Approach in Multi-Criteria Decision Making, 2024, pp 3-14 from Springer
Abstract:
Abstract This chapter deals with the commencement, history, and evolution of multi-criteria decision-making process. It gives the reader a bird’s-eye glance of the birth, development, and present-day status of this discipline, which is nowadays taught in most technical universities around the world. Its purpose is to make the reader aware of why it was conceived and developed and what can a practitioner expect from it. It mentions the main actors and their roles, as well as enumerates the factors or aspects that need to be considered.
Keywords: Multi-criteria decision-making (MCDM); Metrics; MCDM history; Linear programming history; Method; Model; Decision-making paradox; Best method (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-031-44453-1_1
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DOI: 10.1007/978-3-031-44453-1_1
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