This book offers a comprehensive introduction to decision-making in an MCDM framework. Designed
as a tutorial it presents the main concepts and methods to be applied together with essential
background information. This includes the concept of nondominance Simon's bounded rationality
Tversky and Kahneman's prospect theory and the concepts of behavioral vs. mathematical
convergence and premature stopping put forward by Korhonen Moskowitz and Wallenius. The book
concludes with a non-technical review of many popular decision algorithms including the
Analytic Hierarchy Process (AHP) VIMDA and a number of classic interactive man-machine
algorithms. In essence the book is a one-stop source on everything you need to know about
managerial decision-making in the multiple-criteria setting.
