Risk Attitude in Multicriteria Decision Analysis: A Compromise Approach

In fields on which decisions need to be taken including health, as we are seeing nowadays in the COVID-19 crisis, decision-makers face multiple criteria and results with a random component. stochastic multicriteria decision-making models, risk attitude of decision maker is relevant factor. Traditionally, shape utility function only element that represents maker’s attitude. The eduction process multi-attribute functions implies some operational drawbacks, it not always easy. this paper, propose new can implemented: selection efficiency concept used during analysis. We suggest representing conflict between two poles: neutral attitude, associated best expectations, aversion lower uncertainty. Extended Goal Programming formulation has inspired parameter introduced formulation. This reflects trade-off classical poles respect Thus, have produced call Compromise Efficiency.