Coming close to the ideal alternative: The concordant-ranks strategy

We present the Concordant-Ranks (CR) strategy that decision makers use to quickly find an alternative that is proximate to an ideal alternative in a multi-attribute decision space. CR implies that decision makers prefer alternatives that exhibit concordant ranks between attribute values and attribut...

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Bibliographic Details
Main Authors: Neda Kerimi, Henry Montgomery, Dan Zakay
Format: Article
Language:English
Published: Cambridge University Press 2011-04-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/11/101223/jdm101223.pdf