Novel methods to support decision making processes
Thursday, January 24, 2013 - 06:30
in Psychology & Sociology
Mathematical analysis based on numbers and numerical estimates is widely used in decision making everywhere from public administration and business to environmental conservation. Methods for decision analysis evaluate different alternatives with regard to several criteria. The more attributes and possible options, from which to make decisions there are, and the larger the amount of available data, the more complex the analysis gets – and it begins to escape the grasp of decision makers.