Multiple Criteria Decision Making: From Early History To The 21st Century From Early History to the 21st Century

Multiple Criteria Decision Making (MCDM) is all about making choices in the presence of multiple conflicting criteria. MCDM has become one of the most important and fastest growing subfields of Operations Research/Management Science. As modern MCDM started to emerge about 50 years ago, it is now a good time to take stock of developments. This book aims to present an informal, nontechnical history of MCDM, supplemented with many pictures. It covers the major developments in MCDM, from early history until now. It also covers fascinating discoveries by Nobel Laureates and other prominent scholars.The book begins with the early history of MCDM, which covers the roots of MCDM through the 1960s. It proceeds to give a decade-by-decade account of major developments in the field starting from the 1970s until now. Written in a simple and accessible manner, this book will be of interest to students, academics, and professionals in the field of decision sciences. Multiple Criteria Decision Making (MCDM) is all about making choices in the presence of multiple conflicting criteria. MCDM has become one of the most important and fastest growing subfields of Operations Research/Management Science. As modern MCDM started to emerge about 50 years ago, it is now a good time to take stock of developments. This book aims to present an informal, nontechnical history of MCDM, supplemented with many pictures. It covers the major developments in MCDM, from early history until now. It also covers fascinating discoveries by Nobel Laureates and other prominent scholars. The book begins with the early history of MCDM, which covers the roots of MCDM through the 1960s. It proceeds to give a decade-by-decade account of major developments in the field starting from the 1970s until now. Written in a simple and accessible manner, this book will be of interest to students, academics, and professionals in the field of decision sciences For students, academics, and professionals in the field of decision sciences, Koksalan (multiple criteria decision making, Middle East Technical U., Turkey) et al. recount the history of multiple criteria decision making (MCDM) in the field of management sciences and operations research, from its early history and roots to the 1960s, and through each subsequent decade up to the present. They cover contributors, contributions, and subfields such as decision analysis, goal programming, the work of the "French School," which includes outranking relations, multiple objective mathematical programming, fuzzy set theory, the analytic hierarchy process, and evolutionary multiobjective optimization. They also highlight International Society on Multiple Criteria Decision Making conferences and traditions, its awards, and presidents, and provide biographies of leading scholars in the field, with photos Ch. 1. The early history of MCDM -- ch. 2. MCDM developments in the 1970s -- ch. 3. MCDM developments in the 1980s -- ch. 4. MCDM developments in the 1990s and beyond -- ch. 5. MCDM conferences -- ch. 6. MCDM society traditions -- ch. 7. Awards and presidents -- ch. 8. Biographies of leading MCDM scholars -- ch. 9. Conclusion Multiple Criteria Decision Making (MCDM) is all about making choices in the presence of multiple-conflicting criteria. This book aims to present an informal, nontechnical history of Multiple Criteria Decision Making, supplemented with many pictures. It covers the major developments in MCDM, from early history onwards.