The publication of the first book by Kenneth Arrow and Herve Raynaud, in 1986, led to an important wave of research in the field of axiomatic approach applied to managerial logic. Managerial Logic summarizes the prospective results of this research and offers consultants, researchers, and decision makers a unified framework for handling the difficult decisions they face. Based on confirmed results of experimental psychology, this book places the problem in a phenomenological framework and shows how the influence of traditional methods has slowed the effective resolution of these...
The publication of the first book by Kenneth Arrow and Herve Raynaud, in 1986, led to an important wave of research in the field of axiomatic approach...
Kenneth J. Arrow (Stanford University), Hervé Raynaud
This study comes to grips with the industrial outranking problem, one of the major outstanding problems of current operations research and managerial decision-making. The problem, simply stated, is this: given a large but finite set of criteria, and a large but finite number of alternatives, how can the criteria be ranked in priority order, and how should the alternatives be ranked from best to worst consistent with the ordering of criteria that may be conflicting or incommensurable?
There have been many proposed solutions to the problem. Numerous empirical recipes -- among them the...
This study comes to grips with the industrial outranking problem, one of the major outstanding problems of current operations research and manageri...