EconPapers    
Economics at your fingertips  
 

Decision Making in a Complex Environment: The use of Similarity Judgements to Predict Preferences

David Klahr
Additional contact information
David Klahr: University of Chicago

Management Science, 1969, vol. 15, issue 11, 595-618

Abstract: Judgments of the relative similarity of pairs of alternatives are used to construct a model of the decision space of a group of college admissions officers. This model is then used to predict the preferences of the officers. The accuracy of the predictions supports the hypothesis that preference judgments are made on the basis of the similarity of given alternatives to an "ideal" alternative. A nonmetric multidimensional scaling procedure is used to construct the space. This procedure yields a dimensional representation based upon very few assumptions about the nature of the similarity measures.

Date: 1969
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.15.11.595 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:15:y:1969:i:11:p:595-618

Access Statistics for this article

More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().

 
Page updated 2025-03-19
Handle: RePEc:inm:ormnsc:v:15:y:1969:i:11:p:595-618