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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. Basis and overview of multicriteria methods : - potential actions - preference modeling - criteria & multicriteria problems
2. Outranking methods - ELECTRE methods - PROMETHEE methods, ... - choice & use of these methods, applications on real cases
3. Decision trees and bayesian analysis, application to real problems | |
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| Course objective :
| - Introduction to multiple criteria decision making methods - Show the subjective aspects of a decision making problem - Present & deal with the multicriteria aspects of a decision making problem
To apply decision trees and bayesian analysis to strategic problems | |
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| Prerequisites :
| MQG 701 Probability and Statistics | |
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| Organization :
| - Lecture - Exercises - Case study - Use of specific software , Teams works | |
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| Written notes :
| - COLSON G., DE BRUYN Chr., Models and methods in multiple criteria decision making, Pergamon, Oxford, 1989
- 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. - SCHARLIG 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 :
| Evaluation : 2 case studies by teams | |
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| Contacts :
| Prof DR Ingénieur Gérard COLSON
HEC- Management School, B31
tel +32.4.366.31.27.21 (secretary) | |
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