The effect of information on the quality of decisions

DOI10.1007/S10100-013-0291-XMaRDI QIDQ301314zbMATH OpenOpenAlexFDO

Authors Christoph Graf, Magdalena Six

Publication date 30 June 2016

Published in CEJOR. Central European Journal of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10100-013-0291-x

zbMATH Keywords

simulationdecision analysisincomplete informationdecision making under uncertaintydecreasingreturns to scale on information

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16) Economics of information (91B44)

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Cites work

• scientific article; zbMATH DE number 4102053 (Why is no real title available?)
• A multicriteria decision aid methodology to deal with conflicting situations on the weights
• Additive aggregation with variable interdependent parameters: the VIP analysis software
• Analysis of Decisions with Incomplete Knowledge of Probabilities
• Dealing with imprecise information in group multicriteria decisions: a methodology and a GDSS architecture
• Decision making under uncertainty: Starr's domain criterion
• Generating random vectors uniformly distributed inside and on the surface of different regions
• Hybrid Systems: Computation and Control
• Implementing stochastic multicriteria acceptability analysis
• Learning about preferences in electronic negotiations - A volume-based measurement method
• Multiple-attribute decision making with partial information: The comparative hypervolume criterion
• Ordinal criteria in stochastic multicriteria acceptability analysis (SMAA)
• SMAA-2: Stochastic Multicriteria Acceptability Analysis for Group Decision Making
• The use of domains in multicriteria decision making

Cited in

(6)

• Creating more and better alternatives for decisions using objectives
• An agent-based simulation of customer multi-channel choice behavior
• The value of public information in majority decisions
• How much information do we need?
• Context matters: the impact of product type, emotional attachment and information overload on choice quality
• Deriving rankings from incomplete preference information: a comparison of different approaches

Describes a project that uses

Uses Software

• VIP Analysis
• MPT

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