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.
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References
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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
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DOI: https://doi.org/10.1007/978-3-642-45486-8_9
Publisher Name: Springer, Berlin, Heidelberg
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