RESOURCE ALLOCATION ANALYSIS FOR NON-WORK ACTIVITIES INCORPORATING JOINT DECISION-MAKING OF HOUSEHOLD

Multiattribute Decision Making by Sequential Resource Allocation

A new approach is proposed for addressing decision problems in which the outcomes are multidimensional and possibly interdependent. The method is based on decomposing the problem into a sequence of simpler decision problems. The solution to each subproblem is elicited from the decisionmaker by converting it to a simple resource allocation task that may be solved by inspection. Our experience in...

Rational Decision Making in Resource Allocation

Constrained consumable resource allocation in alternative stochastic networks via multi-objective decision making

Many real projects complete through the realization of one and only one path of various possible network paths. Here, these networks are called alternative stochastic networks (ASNs). It is supposed that the nodes of considered network are probabilistic with exclusive-or receiver and exclusive-or emitter. First, an analytical approach is proposed to simplify the structure of t...

Decision making framework for utsourcing activities in the banking system

The outsourcing of financial services has been growing during last decades.Inspite of expanding managers awareness about this subject,most of outsourcing projects have been lost due to qualifative decision critera and ignorance of environmental circumstances. The purpose of research is to design a model for making decision about outaourcing activities in banking system.From the point of purpos...

A Structural Analysis of Joint Decision-Making*

This paper defines an econometric model with a coordination game to structurally analyze joint decision-making. The model solves a simultaneity bias occurring when individuals care about others’ decisions when making theirs. The model is also useful for evaluating the implications of marketing to groups of customers. We illustrate how the model measures the importance of demand complementaritie...