Effectivity of Multi Criteria Decision-Making in Organisations: Results of an Agent-Based Simulation

Stephan Leitner and Friederike Wall ()
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Friederike Wall: Alpen-Adria Universitaet Klagenfurt

A chapter in Emergent Results of Artificial Economics, 2011, pp 79-90 from Springer

Abstract: Abstract This paper analyses how different multi criteria decision-making modes affect organisational performance under the regime of alternative organisational design options. We set up a computational model based on the concept of NK-fitness landscapes. Our results indicate that organisational design and especially departmentalisation with respect to decision interdependencies is a fundamental parameter to affect organisational performance. Conventional wisdom indicates that stability positively affects achieved performance. This could not be proved for all cases. We show that in certain organisational setups discontinuity positively affects performance.

Keywords: Equal Weighting; Multiple Objective; Organisational Performance; Coordination Mode; Incentive Scheme (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-21108-9_7

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DOI: 10.1007/978-3-642-21108-9_7

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