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Last Updated: 10/28/2021
in Additional Information Overview The theory of AHP does not demand perfect consistency. AHP allows inconsistency but provides a measure of the inconsistency in each set of judgments. This measure is an important by-product of the process of deriving priorities base...
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Decision-making is hard because of various cognitive and organizational limitations such as limited memory capacity framing bias overconfidence politics groupthink loss aversion sunk costs endowment effect availability ...
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Last Updated: 10/14/2024
in Manage Models
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Organizational politics, also known as workplace politics or office politics, can be good or bad. Some definitions include: The use of power and social networking within an organization to achieve changes that benefit the organization or indiv...
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Last Updated: 10/28/2021
in Additional Information Prioritization and decision making is often performed in a group context. There are two ways to aggregate individuals' judgments and preferences with AHP, depending on whether the group is assumed to act together as a synergistic group in achievin...
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Last Updated: 10/22/2021
in Additional Information Compensatory decision methodologies, such as AHP are the most effective way to prioritize alternatives. A rational decision is one that best achieves an individual's or group's objectives -- their wants. However, there are sometimes constraints, p...
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Qualitative judgments are subjective judgments based on factors or information that can't be easily or accurately quantified. The importance of objectives, which is by definition subjective, is a qualitative judgment. The anticipated performance...
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Last Updated: 01/24/2024
in Collect Input After structuring the hierarchy and defining the participant roles and defining the measurement methods, the next step is collecting input. ( Note: iteration, or going back to change objectives or alternatives based on new knowledge is supported a...
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Last Updated: 03/29/2022
in Define Model is the first step in the decision process where we "structure" a decision model by identifying objectives, alternatives, and participants, and assigning roles to participants for providing judgments or data. After structuring the hierarchy of ob...