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Decision-making

About: Decision-making is a research topic. Over the lifetime, 2409 publications have been published within this topic receiving 35192 citations. The topic is also known as: decision-making.


Papers
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Journal ArticleDOI
TL;DR: The analytic hierarchy process (AHP) includes both the rating and comparison methods and requires developing a reliable hierarchic structure or feedback network that includes criteria of various types of influence, stakeholders, and decision alternatives to determine the best choice.
Abstract: People make three general types of judgments to express importance, preference, or likelihood and use them to choose the best among alternatives in the presence of environmental, social, political, and other influences. They base these judgments on knowledge in memory or from analyzing benefits, costs, and risks. From past knowledge, we sometimes can develop standards of excellence and poorness and use them to rate the alternatives one at a time. This is useful in such repetitive situations as student admissions and salary raises that must conform with established norms. Without norms one compares alternatives instead of rating them. Comparisons must fall in an admissible range of consistency. The analytic hierarchy process (AHP) includes both the rating and comparison methods. Rationality requires developing a reliable hierarchic structure or feedback network that includes criteria of various types of influence, stakeholders, and decision alternatives to determine the best choice.

3,831 citations

Journal ArticleDOI
TL;DR: A model of how to do shared decision making that is based on choice, option and decision talk is proposed that is practical, easy to remember, and can act as a guide to skill development.
Abstract: The principles of shared decision making are well documented but there is a lack of guidance about how to accomplish the approach in routine clinical practice. Our aim here is to translate existing conceptual descriptions into a three-step model that is practical, easy to remember, and can act as a guide to skill development. Achieving shared decision making depends on building a good relationship in the clinical encounter so that information is shared and patients are supported to deliberate and express their preferences and views during the decision making process. To accomplish these tasks, we propose a model of how to do shared decision making that is based on choice, option and decision talk. The model has three steps: a) introducing choice, b) describing options, often by integrating the use of patient decision support, and c) helping patients explore preferences and make decisions. This model rests on supporting a process of deliberation, and on understanding that decisions should be influenced by exploring and respecting “what matters most” to patients as individuals, and that this exploration in turn depends on them developing informed preferences.

2,596 citations

Book
12 Apr 2012
TL;DR: In this article, the Seven Pillars of the AHP approach are used for the design and evaluation of a marketing-driven business and corporate strategy, and the case of the U.S. economy in 1992 is discussed.
Abstract: 1. How to Make a Decision. 2. The Seven Pillars of the AHP. 3. Architectural Design. 4. Designing a Mousetrap. 5. Designing the Best Catamaran. 6. The Selection of a Bridge. 7. Measuring Dependence Between Activities: Input Output Application to the Sudan. 8. Technological Choice in Less Developed Countries. 9. Market Attractiveness of Developing Countries. 10. An AHP Based Approach to the Design and Evaluation of a Marketing Driven Business and Corporate Strategy. 11. New Product Pricing Strategy. 12. Incorporating Expert Judgment in Economic Forecasts - the Case of the U.S. Economy in 1992. 13. A New Macroeconomic Forecasting and Policy Evaluation Method. 14. Forecasting the Future of the Soviet Union. 15. Abortion and the States: How Will the Supreme Court Rule on the Upcoming Pennsylvania Abortion Issue. 16. The Benefits and Costs of Authorizing Riverboat Gambling. 17. The Case of the Spotted Owl vs. the Logging Industry. 18. Selection of Recycling Goal Most Likely to Succeed. 19. To Drill or Not to Drill: A Synthesis of Expert Judgments. 20. Modeling the Graduate Business School Admissions Process. 21. Infertility Decision Making. 22. The Decision by the US Congress on China's Trade Status: A Multicriteria Analysis. 23. Deciding Between Angioplasty and Coronary Artery Bypass Surgery. Index.

2,085 citations

Journal ArticleDOI
TL;DR: This review relates the diffusion models to both earlier and more recent research in psychology to examine individual differences in cognitive and neural processes of speeded decision making.

956 citations

Book
21 Sep 2001
TL;DR: In this paper, the authors present a range of formal methodologies which aim not to produce 'optimal' solutions but to facilitate an enriched decision-making process, and describe the principles on which the method operates, the step and the stages of analysis.
Abstract: Now, more than ever, planning and managing in the real world is beset by change and uncertainty. Knowledge is incomplete, values are in dispute, decisions of others are often unpredictable. Sheathed in opaque technicalities, inflexible and over-ambitious, the highly mathematical methods of analysing problem situations are no longer considered acceptable. In their place a coherent alternative paradigm has emerged - a range of formal methodologies which aim not to produce 'optimal' solutions but to facilitate an enriched decision-making process. 'Low-tech' transparent and participatory, these methods assist in the formulation and reformulation of problem solving in an uncertain world. This fully revised and updated book brings together contributions from some of the great thinkers on this subject. The authors present the most influential methods (each illustrated with a case study), describe the principles on which the method operates, the step and the stages of analysis, and how these methods relate to the decision making process. The concluding section explores future developments and research issues, as well as links with other relevant domains.

545 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202341
202277
202159
202082
201984
2018118