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Conclusion

Murat Köksalan, Jyrki Wallenius and Stanley Zionts
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Murat Köksalan: Middle East Technical University, Turkey
Jyrki Wallenius: Aalto University, Finland
Stanley Zionts: SUNY Buffalo, USA

Chapter 9 in Multiple Criteria Decision Making:From Early History to the 21st Century, 2011, pp 157-159 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractOur field of multiple criteria decision making (MCDM) is about making choices, supporting those choices, and understanding them, in the presence of multiple, conflicting criteria. In this book we have described the history of MCDM, from its roots to the present. The roots of our field extend to interesting research by early economists and mathematicians, many of whom have received the Nobel Prize in Economics. Our field has contributed to knowledge with such fundamental concepts as Pareto-optimality (efficiency), preference modeling, trade-offs, decision traps, among others…

Keywords: Multiple Criteria Decision Making; Multiattribute; Multiple Objectives; Multiple Criteria (search for similar items in EconPapers)
Date: 2011
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