6533b86ffe1ef96bd12cdc68

RESEARCH PRODUCT

Observations Regarding Choice Behaviour in Interactive Multiple Criteria Decision-Making Environments: An Experimental Investigation

subject

description

Many interactive procedures have been developed for solving optimization problems having multiple criteria. In such procedures, an exploration over the feasible or efficient region is conducted for locating the most preferred solution. As Steuer (1986) notes, interactive procedures are characterized by phases of decision-making alternating with phases of computation. Generally a pattern is established that we keep repeating until termination. At each iteration, a solution, or group of solutions, is generated for a decision-maker’s (DM’s) examination. Based on the examination, the DM inputs information to the solution procedure in the form of tradeoffs, pairwise comparisons, aspiration levels, etc. The responses are used to generate a presumably, improved solution, and so forth.