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COMPARATIVE ANALYSIS OF INDIVIDUALS, ITEMS, PROJECTS, PRODUCTS AND STRATEGIES
Author(s) -
MARIOTTI JOHN J.
Publication year - 1971
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1971.tb01466.x
Subject(s) - regret , minimax , selection (genetic algorithm) , dominance (genetics) , ranking (information retrieval) , mathematics , pessimism , computer science , statistics , mathematical economics , mathematical optimization , econometrics , artificial intelligence , biochemistry , chemistry , gene , philosophy , epistemology
The problem of selection of the best item from one of a list of items to meet an objective is treated. The items are usually compared against factors or states of nature. The following techniques used to arrive at the “best” selection are treated: 1. Ranking and rating 2. Paired comparison and successive comparison 3. Average score 4. Dominance 5. Game theory Laplace criterion Method of majority rule Bayes solution Criterion of pessimism Criterion of optimism Criterion of regret Minimax and maximin in gaming situations Mixed strategies