IE 405 • Final • Decision Analysis

Introduction

Bounded Rationality

Availability Heuristics

Representativeness Heuristics

Anchoring and Insufficient Adjustment

Framing

Mental Accountig

Introduction

Different Risk Attributes

Example 1

Certainity Equivalent

Example 2

Allais Paradox

Ordering and Transivity

Introduction

Example - Assessing Utiliy Functions I

Example- Assessing Utility Functions II

Example - Assessing Weights

Example - Assessing Weights II

Example 5

Example 5 - Extended

Multilinear Utility Functions

Decomposability

Some Concepts

Substitutes and Complements

Example 6

Introduction

Major Steps of AHP

Building the Hierarchy

Pairwise Comparison Matrix

Matrix Multiplication

Eigenvalue

Eigenvector

Eigenvalue - Eigenvector Method

Example - Building Hierarchical Tree

Example- Relative weights of the criteria

Example - Individual scores

Example - Synthesize the weights and scores

Consistency

Exam-like Question 1

Exam-like Question 2

Exam-like Question 3

Exam-like Question 4

Exam-like Question 5

Exam-like Question 6

Exam-like Question 7

Exam-like Question 8

Exam-like Question 9

Exam-like Question 10

Exam-like Question 11

Exam-like Question 12

Exam-like Question 13

Exam-like Question 14

Exam-like Question 15

Question 1-a

Question 1-b

Question 1-c

Question 1-d

Question 2-a

Question 2-b

Question 2-c

Question 2-d

Question 3

Question 4