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Dynamic MCDM, Habitual Domains and Competence Set Analysis for Effective Decision Making in Changeable Spaces

Po-Lung Yu () and Yen-Chu Chen ()
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Po-Lung Yu: National Chiao Tung University
Yen-Chu Chen: National Chiao Tung University

Chapter Chapter 1 in Trends in Multiple Criteria Decision Analysis, 2010, pp 1-35 from Springer

Abstract: Abstract This chapter introduces the behavior mechanism that integrates the discoveries of neural science, psychology, system science, optimization theory and multiple criteria decision making. It shows how our brain and mind works and describes our behaviors and decision making as dynamic processes of multicriteria decision making in changeable spaces. Unless extraordinary events occur or special effort exerted, the dynamic processes will be stabilized in certain domains, known as habitual domains. Habitual domains and their expansion and enrichment, which play a vital role in upgrading the quality of our decision making and lives, will be explored. In addition, as important consequential derivatives, concepts of competence set analysis, innovation dynamics and effective decision making in changeable spaces will also be introduced.

Keywords: Dynamic MCDM; Dynamics of human behavior; Habitual domains; Competence set analysis; Innovation dynamics; Decision making in changeable spaces (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4419-5904-1_1

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DOI: 10.1007/978-1-4419-5904-1_1

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