PRIME Decisions: An Interactive Tool for Value Tree Analysis

Several methods for the processing of incomplete preference information in additive preference models have been proposed. Due to the lack of adequate decision aiding tools, however, only a few case studies have been reported so far. In this paper, we present PRIME Decisions, a decision aiding tool which supports the analysis of incomplete preference information with the PRIME method. PRIME Decisions also offers novel features such as decision rules and guided elicitation tours. The application of PRIME Decisions is illustrated with a case study on the valuation of a high-tech company.

[1]  S. French.  Decision Theory: An Introduction to the Mathematics of Rationality , 1986 .

[2]  Kyung S. Park,et al.  Tools for interactive multiattribute decisionmaking with incompletely identified information , 1997 .

[3]  Robert T. Clemen,et al.  Making Hard Decisions: An Introduction to Decision Analysis , 1997 .

[4]  R. Hämäläinen,et al.  Preference programming through approximate ratio comparisons , 1995 .

[5]  R. Hämäläinen,et al.  On the measurement of preferences in the analytic hierarchy process , 1997 .

[6]  Ahti Salo,et al.  Decomposition in the assessment of judgmental probability forecasts , 1995 .

[7]  Janne Gustafsson,et al.  Pki-Security In Mobile Business - Case: Sonera Smarttrust , 2000 .

[8]  Raimo P. Hämäläinen,et al.  Spontaneous decision conferencing with top-level politicians , 1996 .

[9]  D. Winterfeldt,et al.  The effects of splitting attributes on weights in multiattribute utility measurement , 1988 .

[10]  Martin Weber.  A Method of Multiattribute Decision Making with Incomplete Information , 1985 .

[11]  Janne Gustafsson,et al.  PRIME: AN INTRODUCTION AND ASSESSMENT , 1999 .

[12]  R. L. Keeney,et al.  Decisions with Multiple Objectives: Preferences and Value Trade-Offs , 1977, IEEE Transactions on Systems, Man, and Cybernetics.

[13]  S. French,et al.  Decision Theory: An Introduction to the Mathematics of Rationality. , 1988 .

[14]  Raimo P. Hmlinen,et al.  On-line group decision support by preference programming in traffic planning , 1996 .

[15]  Raimo P. Hämäläinen,et al.  Preference Assessment by Imprecise Ratio Statements , 1992, Oper. Res..

[16]  Andrew P. Sage,et al.  A model of multiattribute decisionmaking and trade-off weight determination under uncertainty , 1984, IEEE Transactions on Systems, Man, and Cybernetics.

[17]  Raimo P. Hämäläinen,et al.  Using Intervals for Global Sensitivity Analyses in Multiattribute Value Trees , 2001 .

[18]  Ralph L. Keeney,et al.  Decisions with multiple objectives: preferences and value tradeoffs , 1976 .

[19]  Rakesh K. Sarin,et al.  Ranking with Partial Information: A Method and an Application , 1985, Oper. Res..

[20]  Soung Hie Kim,et al.  An interactive procedure for multi-attribute group decision making with incomplete information , 1999, Comput. Oper. Res..

[21]  R. Hämäläinen,et al.  PRIME - Preference ratios in multiattribute evaluation , 1992 .