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| GEST0926-1

 | Decision Aid Methods

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| Duration : | 30h Th | |
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| Credits/ECTS : |
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| Holder(s) : | Gérard Colson | |
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| Course contents :
| 1. Monocriterion techniques : - weighted average & other elementary methods - probability aspects: decision tree
2. Basis of multicriteria methods : - potential actions - preference modeling - criteria & multicriteria problems
3. Aggregation in a single criterion: theory of the multiattribute utility
4. Partial aggregations: outranking methods - ELECTRE methods - ORESTE, PROMETHEE methods, ... - choice & use of these methods
5. Local aggregation: iterative methods (complementary information) | |
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| Course objective :
| - Introduction of classic decision making methods (monocriterion) - Show the subjective aspects of a decision making problem - Present & deal with the multicriteria aspects of a decision making problem
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| Prerequisites :
| MQG 701 Probability and Statistics | |
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| Organization :
| - Lecture - Exercises - Case study - Use of specific software | |
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| Written notes :
| - FRENCH S., "Decision theory : an introduction to the mathematics of rationality", Ellis Horwood, 1988. - KEENEY R.L., RAIFFA H. , "Decision with multiple objectives : preferences and valuse trade-offs", Wiley, 1976. - MAYSTRE L.Y., PICTET J., SIMOS J., "Méthodes multicritères ELECTRE", Presses polytechniques et universitaires romandes, 1994. - ROY B., "Méthodologie multicritère d'aide à la décision", Economica, 1985. - ROY B., BOUYSSOU D., "Aide multicritère à la décision : méthodes et cas", Economica, 1993. - SCHÄRLIG A., "Décider sur plusieurs critères", Presses polytechniques et universitaires romandes, 1985. - VINCKE P., "L'aide multicritère à la décision", Editions de l'U.L.B., 1989. | |
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| Assessment :
| 1st session assessment : written examination 2nd session assessment : written examination prolonged 2nd session assessment : written examination | |
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