Title: PRIME Decisions - An Interactive Tool for Value Tree Analysis

Authors: J. Gustafsson, A. Salo and T. Gustafsson

Status:Proc. of the Fifteenth International Conference on Multiple Criteria Decision Making (MCDM) Ankara, Turkey, July 10-14, 2000, Lecture Notes in Economics and Mathematical Systems, Murat Köksalan and Stanley Zionts (eds.), 507, 2001, pp. 177-186.

 


Keywords: Decision analysis, interval judgement, incomplete information, linear programming, decision aiding tools.

Several methods for the processing of incomplete preference information in additive preference models have been proposed. Due to the lack of adequate decision aiding tools, however, only a few case studies have been reported so far. In this paper, we present PRIME Decisions, a decision aiding tool which supports the analysis of incomplete preference information with the PRIME method. PRIME Decisions also offers novel features such as decision rules and guided elicitation tours. The application of PRIME Decisions is illustrated with a case study on the valuation of a high-tech company.