Article ID: | iaor2008478 |
Country: | United Kingdom |
Volume: | 12 |
Issue: | 4/5 |
Start Page Number: | 261 |
End Page Number: | 271 |
Publication Date: | Jul 2003 |
Journal: | Journal of Multi-Criteria Decision Analysis |
Authors: | Stewart Theodor J., Durbach Ian |
Keywords: | soft systems, probability |
This paper concerns the integration of goal programming and scenario planning as an aid to decision making under uncertainty. Goal programming as a methodology emphasises the resolution of conflict among criteria; scenario planning focuses on the treatment of uncertainty relating to future states of the world. Integrating the two methodologies is based on the simple formulation of a super-goal programme consisting of one scenario-specific goal program in each scenario. Issues relating to the structuring of the super-problem, aggregation both within and over scenarios, and the incorporation of probabilistic information are discussed.