Decision maps: A framework for multi-criteria decision support under severe uncertainty

Authors:
T. Comes;M. Hiete;N. Wijngaards;F. Schultmann
Affiliations:
Institute for Industrial Production (IIP), Karlsruhe Institute of Technology (KIT), Hertzstr. 16, D-76187 Karlsruhe, Germany;Institute for Industrial Production (IIP), Karlsruhe Institute of Technology (KIT), Hertzstr. 16, D-76187 Karlsruhe, Germany;Thales Research & Technology Netherlands/d-cis Lab, PO Box 90, NL-2600 AB, Delft, The Netherlands;Institute for Industrial Production (IIP), Karlsruhe Institute of Technology (KIT), Hertzstr. 16, D-76187 Karlsruhe, Germany
Venue:
Decision Support Systems
Year:
2011

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Abstract

In complex strategic decision-making situations the need for well-structured support arises. To evaluate decision alternatives, information about the situation and its development must be determined, managed and processed by the best available experts. For various types of information different reasoning principles have been developed: deterministic, probabilistic, fuzzy and techniques for reasoning under ignorance (i.e., the likelihood of an event cannot be quantified). We propose a new approach based on Decision Maps supporting decision makers under fundamental uncertainty by generating descriptions of different possible situation developments (scenarios) in a distributed manner. The scenarios are evaluated using Multi-Criteria Decision Analysis techniques.