Dealing with Multiattributed Descicisions - Introduction

4 important questions on Dealing with Multiattributed Descicisions - Introduction

What are the 7 classes of value defined by Aristotle?

  1. Economic
  2. Moral
  3. Aesthetic
  4. Social
  5. Political
  6. Religious
  7. Judicial

Through what [3] things is the value of an object established?

  1. Economic value
  2. Use value
  3. Esteem value

What are [3] steps in a multiattribute non-monetary decision problem?

  1. Identifying feasible alternatives from which to select;
  2. Choice of attributes by which to judge the alternatives;
  3. Selection of a measurement scale;
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What are [2] important characteristics of attributes?

  1. Attributes distinguish at least two alternatives, identical values for an attribute for all alternatives does not exist;
  2. Each attribute captures a unique dimension or facet of the decision problem;

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