System of Equations for Hierarchical Decision Modeling
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Authors
Shrestha, Luja
Issue Date
2021-04-09
Type
Other
Language
en_US
Keywords
Equations , Hierarchical decision modeling
Alternative Title
Abstract
Decision-making is a cognitive process to select an alternative or a course of action in a specific context. In 1983, Dundar Kocaoglu proposed hierarchical decision modeling as a participative approach to program evaluation [1]. It has since been used to solve decision problems in many areas like the assessment of solar photovoltaic technologies [2] and enterprise data storage systems [3]. We present a simplified system of equations for hierarchical decision models with multiple perspectives, criteria, and alternatives.