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Anchoring (or focalism) is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions. During decision-making, anchoring occurs when one uses an ini...
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To install Comparion: Make sure you have saved setup.ini , and then Open a Powershell prompt with elevated Administrator privileges. Navigate to the install directory where SelfHostSetup.ps1 is located. Make sure your system can run powershe...
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A gradient analysis shows the rate of change of the priorities of alternatives with respect to the change in priority of one of the objectives. Each gradient sensitivity is composed of: An objective on the x-axis -- which can be selected fro...
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An "Insight Questionnaire" can be presented to evaluators at the beginning ( Pre-Survey ) of the input collection process, at the end ( Post-Survey ) of the input collection process, or both. Clicking Pre-Survey or Post-Survey will display a p...
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Intuitive decision-making is described as the process by which information, acquired through associated learning and stored in long-term memory, is accessed unconsciously to form the basis of a judgment or decision. 1 Intuition is based on the i...
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Pairwise comparisons are entered on a page as shown in the figure below, by clicking on or between words that express your judgment about the relative importance or preference or likelihoods (see Pairwise Comparisons Contexts) of the two elements sh...
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Overview The priorities for elements in each cluster of the objectives hierarchy, as well as the priorities derived for the alternatives with respect to each covering objective, are referred to as "local" priorities and are displayed on the Inter...
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You can define the Information Documents in the DEFINE MODEL > Review/Refine Model > Information Documents page. This screen allows you to create and/or edit information documents for: The Goal Objectives Sub Objectives Covering Obje...
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Overconfidence is the tendency to overestimate our ability to make good decisions. Research 1 indicates that the more experience a manager has, the more likely it is that he or she will be overconfident in making decisions. Therefore, awareness o...
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There are four types of number scales: NOIR The nominal scale of measurement only satisfies the identity property of measurement. Values assigned to variables represent a descriptive category, but they have no inherent numerical value with res...