Can I read Multiple Criteria Decision Making and Its Applications to Economic Problems on EtoBox?

Multiple Criteria Decision Making and Its Applications to Economic Problems by Enrique Ballestero and Carlos Romero is a book available to read on EtoBox.

What is Multiple Criteria Decision Making and Its Applications to Economic Problems about?

Multiple Criteria Decision Making and its Applications to Economic Problems ties Multiple Criteria Decision Making (MCDM)/Multiple Objective Optimization (MO) and economics together. It describes how MCDM methods (goal programming) can be used in economics. The volume consists of two parts. Part One of the book introduces the MCDM approaches. This first part, comprising Chapters 1-5, is basically an overview of MCDM methods that can most likely be used to address a wide range of economic problems. Readers looking for an in-depth discussion of multi-criteria analysis can grasp and become acquainted with the initial MCDM tools, language and definitions. Part Two, which comprises Chapters 6-8, focuses on the theoretical core of the book. Thus in Chapter 6 an economic meaning is given to several key concepts on MCDM, such as ideal point, distance function, etc. It illustrates how Compromise Programming (CP) can support the standard premise of utility optimisation in economics as well as how it is capable of approximating the standard utility optimum when the decision-makers'preferences are incompletely specified. Chapter 7 deals entirely with production analysis. The main characteristi

Author

Enrique Ballestero and Carlos Romero

Publisher

Springer US

Published

2013

Language

EN

ISBN

9780792382386

Subjects

Business, Management, Technology