Skip to main content

The Surrogate Worth Trade-Off Method with Multiple Decision-Makers

  • Chapter
Multiple Criteria Decision Making Kyoto 1975

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 123))

Abstract

This paper is divided into two major parts. In the first part a review of the Surrogate Worth Trade-off (SWT) method is presented. In addition, clarifications to the original presentation of the SWT method by Haimes and Hall [1974] are discussed avoiding unnecessary duplication of material available in the book by Haimes, Hall and Freedman, [1975]. The second part is devoted to the extensions and the applications of the SWT method to multiobjective analysis where multiple decision-makers (MDMs) are involved. Three cases are identified; these are the direct group decision-making systems, the representative decision-making systems, and the political decision simulations. Finally, summary and conclusions are presented.

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 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Everett, III, H., “Generalized Lagrange Multiplier Method for Solving Problems of Optimum Allocation of Resources,” Operations Research, Vol. 11, pp. 399–418, 1963.

    Article  Google Scholar 

  • Haimes, Y.Y. and W.A. Hall, “Multiobjectives in Water Resources Systems Analysis: The Surrogate Worth Trade-off Method,” Water Resources Research, Vol. 10, No. 4, pp. 615–624, 1974.

    Article  Google Scholar 

  • Haimes, Y.Y., W.A. Hall, and H.T. Freedman, Multiobjective Optimization in Water Resources Systems, Elsevier Scientific Publishing Company, Amsterdam, 1975.

    Google Scholar 

  • Haimes, Y.Y., “Integrated System Identification and Optimization” in Advances in Control Systems Theory and Applications, edited by C.T. Leondes, Vol 10, pp. 435–518, Academic Press, New York, 1973.

    Google Scholar 

  • Haimes, Y.Y., L.S. Lasdon and D.A. Wismer, “On the Bicriterion Formulation of the Integrated System Identification and Systems Optimization,” IEEE Trans. Syst. Man & Cybern. SMC-1, 296–297, 1971.

    Google Scholar 

  • Kuhn, H.W. and A.W. Tucker, Nonlinear Programming, Proceedings Second Berkeley Symposium on Mathematical Statistics and Probability, pp. 481–492, University of California Press, Berkeley, California, 1950.

    Google Scholar 

  • Luenberger, D.G., Introduction to Linear and Nonlinear Programming, Addison-Wesley Publishing Company, Inc., 1973.

    Google Scholar 

  • Marschak, J., “Elements for a Theory of Teams,” Management Science, Vol. 1, No. 2, pp. 127–137, January 1955.

    Article  Google Scholar 

  • Raiffa, H., Decision Analysis Introductory Lectures on Choices Under Uncertainty, Addison-Wesley, Reading, Mass., 1968.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 1976 Springer-Verlag Berlin · Heidelberg

About this chapter

Cite this chapter

Hall, W.A., Haimes, Y.Y. (1976). The Surrogate Worth Trade-Off Method with Multiple Decision-Makers. In: Zeleny, M. (eds) Multiple Criteria Decision Making Kyoto 1975. Lecture Notes in Economics and Mathematical Systems, vol 123. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-45486-8_9

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-45486-8_9

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-07684-1

  • Online ISBN: 978-3-642-45486-8

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics