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