Pongpeng, J and Liston, J (2003) A multicriteria model's survey: State of the art and some necessary capabilities of future models. Construction Management and Economics, 21(7), pp. 665-670. ISSN 01446193
Abstract
To identify a state-of-the-art model and some necessary capabilities for developing future multicriteria models, the literature on multicriteria models in operations research was surveyed. All the models required subjective inputs from decision-makers. A utility function was regarded as the best model for including risk and uncertainty into the solution analysis. On the other hand, a social welfare function was found to be the most attractive in a democratic organization in handling the involvement of multiple decision-makers. Thus, a combination of both the functions can be described as state-of-the-art. In addition, the subjective inputs changed over time in relation to a particular circumstance. For this reason, computer interaction should be incorporated with this combination. Therefore, some capabilities of (1) incorporating subjective inputs of multiple decision-makers, (2) including elements of risk and uncertainty and (3) absorbing the changes of subjective inputs via computer interaction are necessary for future multicriteria models.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | decision-making; multicriteria; multicriteria models; optimization |
| Index terms: | operations research, decision-making, state of the art, survey, interaction |
| Subjects: | design methods, research dissemination and communication, behavioral psychology, data collection methods, decision analysis |
| Topics: | Risk Management, Design Practice, Research Practice |
| Descriptive scope: | 4 PCTE |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here