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MCDM Developments in the 1970s

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

Author

Listed:
  • Murat Köksalan

    (Middle East Technical University, Turkey)

  • Jyrki Wallenius

    (Aalto University, Finland)

  • Stanley Zionts

    (SUNY Buffalo, USA)

Abstract

The 1970s saw many seminal contributions in the theory and method development of multiple criteria decision making, including the publication of Ralph Keeney and Howard Raiffa's book on multiattribute utility theory (1976) and Jared Cohon's book on multiobjective programming and planning (1978). Many important interactive mathematical programming methods were developed (Benayoun, et al., 1971; Geoffrion, Dyer and Feinberg, 1972; and Zionts and Wallenius, 1976). Vector optimization also advanced, notably by the efforts of Ralph E. Steuer. Bernard Roy advanced the field by developing different versions of ELECTRE methods and by establishing the European Working Group on Multiple Criteria Decision Aid (MCDA), which will have its 74th meeting in October 2011! Po-Lung Yu and Milan Zeleny advanced the field with theory and method development. Toward the end of the decade, Andrzej Wierzbicki developed the concept of achievement scalarizing function. Thomas L. Saaty published the first version of his celebrated work on the Analytic Hierarchy Process in the late 70s…

Suggested Citation

  • Murat Köksalan & Jyrki Wallenius & Stanley Zionts, 2011. "MCDM Developments in the 1970s," World Scientific Book Chapters, in: Multiple Criteria Decision Making From Early History to the 21st Century, chapter 2, pages 17-30, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814335591_0002
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