An enhancement EDAS method based on Prospect Theory

An enhancement EDAS method based on Prospect Theory

Decision-making is the process of carefully considering multiple options and choosing the best one. The EDAS (evaluation based on distance from average solution) method has been studied in many multi-attributes decision-making (MADM) problem which assumes decisionmaking under absolute rationality. H...

Full description

Bibliographic Details
Main Authors: Yuhan Huang, Rui Lin, Xudong Chen
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2021-08-01
Series:Technological and Economic Development of Economy
Subjects:
decision-making
bounded rationality
edas
pt
sensitivity analysis
Online Access:https://journals.vgtu.lt/index.php/TEDE/article/view/15038

Similar Items

Similar Items