How to compromise on the best price? A group tacit knowledge-based multicriteria approach

How to compromise the best price? A group tacit knowledge-based multicriteria approach Tacit knowledge plays an important role in decision making that is why, in this paper, we propose a group tacit knowledge-based multicriteria approach for decision process. This approach is based on a practical case study in the field of second hand vehicle purchase. This paper proposes ideas and research issues on how to tackle tacit knowledge in group decision processes with cost-benefit and multicriteria decision analysis. Because tacit knowledge cannot always be explicited, we use the multicriteria decision analysis to fittingly explicit tacit knowledge which can be explicited. In order to respect the financial policy of the company that purchases/sales second hand vehicles, we continue using the cost-benefit analysis already implemented. The goal is to help the buyer and the seller to compromise the best price.