Article ID: | iaor1994241 |
Country: | United Kingdom |
Volume: | 44 |
Issue: | 5 |
Start Page Number: | 461 |
End Page Number: | 469 |
Publication Date: | May 1993 |
Journal: | Journal of the Operational Research Society |
Authors: | Pearman A.D. |
Keywords: | investment |
The paper is concerned with establishing dominance in linear decision models, either multiattribute models or models of decision making under uncertainty. It argues that a simple procedure, based on an ordered metric concept, provides a straightforward way of increasing the chance of locating patterns of dominance among alternatives. One particular application which is explored is the appraisal of competing investments.