Establishing Regret Attitude of a Decision Maker within the MCDM Modeling Framework

I. Kaliszewski and W. Michalowski

Working Papers from International Institute for Applied Systems Analysis

Abstract: The paper describes the MCDM modeling framework can be extended to account for the notion of regret. The Non-regrettable decisions are generated in accordance with a DM's regret attitude which is established through an analysis of the trade-offs. Decisional validity of a proposed modeling framework is illustrated with a simple example.

Date: 1998-09
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