Skip to main content

Multi-Criteria Decision-Making, Evolution and Characteristics

  • Chapter
  • First Online:
Strategic Approach in Multi-Criteria Decision Making

Abstract

This chapter deals with the commencement, history and evolution of multi-criteria decision-making process. It gives the reader a bird’s-eye glance of the birth, development and present-day status of this discipline, which is nowadays taught in most technical universities and others around the world. Its purpose is to make the reader aware of why it was conceived and developed and what can a practitioner expect from it. It mentions the main actors and their role, as well as enumerates the factors or aspects that need to be considered.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    In computer science, artificial intelligence and mathematical optimization, a heuristic (from Greek εὑρίσκω ‘I find, discover’) is a technique designed for solving a problem more quickly when classic methods are too slow or for finding an approximate solution when classic methods fail to find any exact solution. This is achieved by trading optimality, completeness, accuracy or precision for speed. In a way, it can be considered a shortcut (Wikipedia).

  2. 2.

    These references correspond to authors mentioned in the text. However, there are also publications than are not mentioned in the text but that have been added for the reader to access more information about this Chapter; they are identified with (*).

References

These references correspond to authors mentioned in the text. However, there are also publications than are not mentioned in the text but that have been added for the reader to access more information about this Chapter; they are identified with (*).

  • Belton V, Stewart TJ (2002) Implementation of MCDA: practical issues and insights. In: Multiple criteria decision analysis. Springer, Boston

    Chapter  Google Scholar 

  • Brans J, Vincke P, Mareschal B (1986) How to select and how to rank projects: the PROMETHEE method. Eur J Oper Res 24:228

    Article  Google Scholar 

  • Buchanan J, Henig E, Henig M (1998) Objectivity and subjectivity in the decision-making process. Ann Oper Res 80(1998):333–334

    Article  Google Scholar 

  • Dantzig G (1948) Linear programming and extensions. R-366-PR-Corporation. Princeton University Press, Princeton

    Google Scholar 

  • Hwang C, Yoon K (1981) Multiple attribute decision making: methods and applications, a state-of-the-art survey. Springer-Verlag, Berlin

    Book  Google Scholar 

  • Kantorovich L (1939) Mathematical methods of organizing and planning production. Manag Sci 6(4):366–422 (1960)

    Article  Google Scholar 

  • Munier N (2011) Tesis Doctoral – Procedimiento fundamentado en la Programación Lineal para la selección de alternativas en proyectos de naturaleza compleja y con objetivos múltiples. Universidad Politécnica de Valencia, España

    Google Scholar 

  • Oprocovic S (1980) VIseKriterijumska Optimizacija I Kompromisno Resenje (Multicriteria optimization and compromise solution). Sci Watch 6(1):14–20

    Google Scholar 

  • Roy B (1968) Classement et choix en présence de points de vue multiples (la méthode ELECTRE). Rev Fr Inf Rech Oper 2(8):57–75

    Google Scholar 

  • Saaty T (1980) Multicriteria decision making – the analytic hierarchy process. McGraw-Hill, New York

    Google Scholar 

  • Thurstone L (1927). A law of comparative judgement. Psychological Review 34:273–286.

    Article  Google Scholar 

  • Triantaphyllou E (2000) Multi-criteria decision making: a comparative study. Kluwer Academic Publishers (now Springer), Dordrecht, p 320 ISBN 0-7923-6607-7

    Book  Google Scholar 

  • Zadeh L (1965) Fuzzy sets. Inf Control 8:338–353

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Munier, N., Hontoria, E., Jiménez-Sáez, F. (2019). Multi-Criteria Decision-Making, Evolution and Characteristics. In: Strategic Approach in Multi-Criteria Decision Making. International Series in Operations Research & Management Science, vol 275. Springer, Cham. https://doi.org/10.1007/978-3-030-02726-1_1

Download citation

Publish with us

Policies and ethics