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On the Constructive and Other Approaches in Decision Aiding

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Multi-Criteria Decision Making Decision-Making and Behavioral Economics Game Theory and Voting Systems

Abstract

This paper was motivated by the discussion held at the 2nd YMCDA meeting on the theme “What is a constructive approach in MCDA?”. On the one hand, it intends to organise some thoughts on the differences between normative, descriptive, prescriptive and constructive approaches, as well as their relation (or lack of relation) with MCDA methods. On the other hand, it intends to discuss many of the questions that occur to MCDA researchers (not necessarily the younger ones!) about such issues.

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References

1988Prospect theory: An analysis of decision under risk 2019Theory of games and economic behavior 1955A BEHAVIORAL MODEL OF RATIONAL CHOICE 1994Decisions with Multiple Objectives: Preferences and Value Tradeoffs.1981Systems Thinking, Systems Practice 1945Theory of Games and Economic Behavior 1983Judgement under Uncertainty: Heuristics and Biases 2015Games and Decisions

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