Decision Making with the Analytic Network Process

The Analytic Network Process (ANP) developed by Thomas Saaty in his work on multicriteria decision making applies network structures with dependence and feedback to complex decision making. This book is a selection of applications of ANP to economic, social and political decisions, and also to technological design. The chapters comprise contributions of scholars, consultants and people concerned about the outcome of certain important decisions who applied the Analytic Network Process to determine the best outcome for each decision from among several potential outcomes. The ANP is a methodological tool that is helpful to organize knowledge and thinking, elicit judgments registered in both in memory and in feelings, quantify the judgments and derive priorities from them, and finally synthesize these diverse priorities into a single mathematically and logically justifiable overall outcome. In the process of deriving this outcome, the ANP also allows for the representation and synthesis of diverse opinions in the midst of discussion and debate.

The ANP offers economists a considerably different approach for dealing with economic problems than the usual quantitative models used. The ANP approach is based on absolute scales used to represent pairwise comparison judgments in the context of dominance with respect to a property shared by the homogeneous elements being compared. How much or how many times more does A dominate B with respect to property P? Actually people are able to answer this question by using words to indicate intensity of dominance that all of us are equipped biologically to do all the time (equal, moderate, strong, very strong, and extreme) whose conversion to numbers, validation and extension to inhomogeneous elements form the foundation of the AHP/ANP. Numerous applications of the ANP have been made to economic problems, among which prediction of the turn-around dates for the US economy in the early 1990’s and again in 2001 whose accuracy and validity were both confirmed later in the news. They were based on the process of comparisons of mostly intangible factors rather than on financial, employment and other data and statistics.

Download Now
Read Online

Here is Download Link

Decision Making With The Analytic Network Process


Decision Making With The Analytic Network Process Download Now

Read Online

Author by : Thomas L. Saaty
Languange Used : en
Release Date : 2013-05-14
Publisher by : Springer Science & Business Media






Decision Making With Dependence And Feedback


Decision Making With Dependence And Feedback Download Now

Read Online

Author by : Thomas L. Saaty
Languange Used : en
Release Date : 2001-06-01
Publisher by :






Theory And Applications Of The Analytic Network Process


Theory And Applications Of The Analytic Network Process Download Now

Read Online

Author by : Thomas L. Saaty
Languange Used : en
Release Date :
Publisher by : RWS Publications






Decision Making For Leaders


Decision Making For Leaders Download Now

Read Online

Author by : Thomas L. Saaty
Languange Used : en
Release Date : 1990
Publisher by : RWS Publications






Mathematical Principles Of Decision Making Principia Mathematica Decernendi


Mathematical Principles Of Decision Making Principia Mathematica Decernendi Download Now

Read Online

Author by : Thomas L. Saaty
Languange Used : en
Release Date :
Publisher by : RWS Publications






Fundamentals Of Decision Making And Priority Theory With The Analytic Hierarchy Process


Fundamentals Of Decision Making And Priority Theory With The Analytic Hierarchy Process Download Now

Read Online

Author by : Thomas L. Saaty
Languange Used : en
Release Date : 2000
Publisher by : RWS Publications






Computational Intelligence Systems In Industrial Engineering


Computational Intelligence Systems In Industrial Engineering Download Now

Read Online

Author by : Cengiz Kahraman
Languange Used : en
Release Date : 2012-11-05
Publisher by : Springer Science & Business Media






Leave a Reply

Your email address will not be published. Required fields are marked *