Abstract
People who are not familiar with the multicriteria optimization theory often deal with multicriteria problems in the following way. One objective is taken as a single criteria to be optimized and some limits are set for the values of the other objectives. That is, the other objectives are treated as constraints in an ordinary optimization problem. After the optimization, a trade-off analysis may be carried out with respect to the active constraints. That is, the level of an active constraint — the limit of an objective — is changed a little and the optimization is done again to see how much the level of the optimized objective will change.
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Chankong, V. (1977). Multiobjective Decision Making Analysis: The Interactive
Surrogate Worth Trade-off Method (Ph.D. Dissertation). Systems Engineer- ing Department, Case Western Reserve University, Cleveland, Ohio. Chankong, V., and Haimes, Y. Y. (1978). The Interactive Surrogate Worth
Trade-off (ISWT) Method for multiobjective Decision Making. In S. Zionts (Ed.), Multicriteria Problem Solving. Springer, New York.
Chankong, V, and Haimes, Y. Y. (1983). Multiobjective Decision Making: Theory and Methodology. North-Holland, New York.
Chen, Ting, and Wang, Bai-lin (1983).An Interactive Method for Multiobjective Decision Making. Preprints of the IFAC/IFORS Symposium on Large Scale Systems. Warsaw, Poland, July 1983, pp. 86–91.
Nakayama, H., Takeguchi, T, and Sano, M. (1982). Interactive Graphics for Portfolio Selection. The Fifth International Conference on MCDM, Mons, Belgium, August 9–13, 1982.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1984 Springer-Verlag Berlin Heidelberg
About this paper
Cite this paper
Tarvainen, K. (1984). On the Implementation of the Interactive Surrogate Worth Trade-off (ISWT) Method. In: Grauer, M., Wierzbicki, A.P. (eds) Interactive Decision Analysis. Lecture Notes in Economics and Mathematical Systems, vol 229. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-00184-4_18
Download citation
DOI: https://doi.org/10.1007/978-3-662-00184-4_18
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-13354-4
Online ISBN: 978-3-662-00184-4
eBook Packages: Springer Book Archive