Making Complex Decisions
Saul Gass Robert H. Smith School of Business, University of Maryland,
College Park
Tuesday, October 15, 2002 15:00-16:00, Bldg. 101, Room B111, NIST Main Campus Gaithersburg Tuesday, October 15, 2002 13:00-14:00, Room 4511 Boulder
Abstract:
Are you planning to: buy a car, evaluate proposals, choose a laptop
computer, allocate a budget to competing projects, change jobs, select a
college? For such decision problems, most of us have difficulty choosing
the "best" alternative or determining how the alternatives should be
ranked. We address these issues and describe why some decision problems
are complex and difficult to solve, show how they can be structured by the
Analytic Hierarchy Process (AHP) developed by T. L. Saaty, discuss related
measurement scales, review the mathematical (eigenvector) basis of the
AHP, and illustrate how the AHP can be used to resolve complex decision
problems. Related software will be demonstrated and current research
reviewed, as time permits.
Contact: A. J. KearsleyNote: Visitors from outside NIST must contact
Robin Bickel; (301) 975-3668;
at least 24 hours in advance.
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