On rational behavior in multi-attribute riskless choice

DOI10.1016/J.EJOR.2020.05.056MaRDI QIDQ2028870zbMATH OpenOpenAlexFDO

Authors Yanyan Li

Publication date 3 June 2021

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://aaltodoc.aalto.fi/handle/123456789/112593

zbMATH Keywords

choice behaviordecreasing marginal valuesloss aversionmultiple criteria decision makingriskless choicetradeoffwin-win

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Multi-objective and goal programming (90C29) Sensitivity, stability, parametric optimization (90C31)

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Cites work

• A pareto race
• A visual interactive method for solving the multiple criteria problem
• An Interactive Approach for Multi-Criterion Optimization, with an Application to the Operation of an Academic Department
• An Interactive Programming Method for Solving the Multiple Criteria Problem
• E-NAUTILUS: a decision support system for complex multiobjective optimization problems based on the NAUTILUS method
• scientific article; zbMATH DE number 4085440 (Why is no real title available?)
• scientific article; zbMATH DE number 3679573 (Why is no real title available?)
• scientific article; zbMATH DE number 3769296 (Why is no real title available?)
• Multiple criteria decision making, multiattribute utility theory: recent accomplishments and what lies ahead
• NAUTILUS navigator: free search interactive multiobjective optimization without trading-off
• Prospect Theory: An Analysis of Decision under Risk
• Using aspiration levels in an interactive interior multiobjective linear programming algorithm
• Using objective values to start multiple objective linear programming algorithms

Cited in

(2)

• Simple models for multiattribute choice with many alternatives: when it does and does not pay to face trade-offs with binary attributes
• Effects of many conflicting objectives on decision-makers' cognitive burden and decision consistency

Describes a project that uses

Uses Software

• E-NAUTILUS

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