Mathematical Principles of Decision Making (Principia Mathematica Decernendi)

Thomas L. Saaty

ISBN 10: 1888603100 / ISBN 13: 9781888603101

Published by RWS Publications, 2009

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Bibliographic Details

• Title: Mathematical Principles of Decision Making (Principia Mathematica Decernendi)
• Publisher: RWS Publications
• Publication Date: 2009
• Language: English
• ISBN 10: 1888603100
• ISBN 13: 9781888603101
• Binding: paperback
• Condition: New
• Book Type: book

About this title

Synopsis

In this book Thomas Saaty summarizes his Analytic Hierarchy Process (AHP) theory for measuring intangible factors through paired comparisons using judgments from which priorities are derived that give the relative dominance of these factors. The important concepts of the AHP and its generalization to structures with dependence and feedback, the Analytic Network Process (ANP), are presented in an elegant compact way and new extensions of the theory to complex decisions involving benefits, opportunities, costs and risks are presented. Applications to resource allocation and conflict resolution are included. The generalization to continuous comparisons is covered. The Encyclicon, three volumes are now available, is an encyclopedia of applications that is a useful accompaniment to the Principles of Mathematical Decision Making, containing of examples of practical decisions.

About the Author

Thomas L. Saaty is a Distinguished University Professor at the University of Pittsburgh, where he teaches at the Pitt Graduate School of Business. He is best-known as being the modern mathematician who figured out a way to measure intangibles, and is the inventor, architect, and primary theoretician of the Analytic Hierarchy Process, a decision-making framework used for large-scale, multiparty, multi-criteria decision analysis, and of the Analytic Network Process, its generalization to decisions with dependence and feedback. Saaty is a member of National Academy of Engineering (2005), and in 2008 he received the Impact Prize from the Operations Research Society INFORMS for how the AHP has revolutionized the way we resolve complex decision problems. The publication of his books on the Analytic Hierarchy Process and the release of PC-based software such as SuperDecisions and web-based collaborative software such as Decision Lens have led to widespread dissemination of the process. The AHP has been applied worldwide to help decision makers in every conceivable decision context across both the public and private sectors, with literally thousands of reported applications.