2 Theoretical Aspects of Multi-criteria Decision-Making …
9
joined by another researcher named Pekka Korhonen in 1070. These individuals
worked tremendously in putting decision supportive methods used for interaction
solving mathematical programming problems. Their method of work attracted many
researchers globally. This brought some researchers into limelight; these individuals
include Carlos Romera, James Ignizio and Sang Moon Lee as major contributors in
goal programming.
In 1959 Ron Howard collaborated with Kimball G. E in 1959 to write an article
on the “Sequential Decision Processes”. However, the term “Decision Analysis” was
considered used first by him in the mid 1960s.
Another historical event is that of Ralph Keeney and Raiffa Howard in 1976 coauthored and published a book that was incredibly important in the Multi Attribute
Value Theory establishment. This work is regarded as a standard work that can be
of a great reference for generations with regard to the study multi-criteria decision
making (MCDM). Subsequently, ELECTRE was developed in Europe by Bernard
Roy and others in the mid 1960s, respectively. This idea was to construct a great
network of preferences to establish methods that are outstanding. The late Amos
Tuersky and Daniel Kahneman worked on behavioral decision theory, which earned
Nobel prize in Economics in the year 2002.
2.1.1 Multi-criteria Decision-Making Meetings
Numerous dialogue was met that led to an organized meeting in 1975 by Zionts
and in 1977 by Buffalo in Jouy-en-Josas, with other relating researchers such as
Fandel Gunter, Tumas Gal, Stan Zionts, Andzej Wierzbicki and Jaap Spronk. These
individuals attended a meeting in Konigswinter, Germany related in 1979 that led to
founding of Special Interest Group (SIG) on MCDM. This gave Zionts a portfolio
of becoming the group leader. These individuals considered some reputable conference, recorded in France, New York and Jouy-en-Josas with interesting packages
(founding) attached to them, respectively.
In 1980, J. Morse organized a MCDM conference recorded in Dalaware as the
fourth conference recorded and the P. Hansen organized the fifth conference in Mons
Belgium in 1982. These meetings were held in different locations around the globe
every two years. Yacov Haimes organized the sixth meeting in 1984 in Cleveland
Ohio while Y. Sawaragi and H. nakayama organized the seventh conference in 1986
in Japan. A. G Lockett and G. Islei organized the eighth conference in 1988 in
Manchester, United Kingdom.
The ninth International conference was organized in 1990 by Ambrose
Goicoechea in Fairfax, Virginia. The tenth conference was organized by GwoHshiung and P.L. Yu in 1992 in Taiwa, Taipei province which was hugely assisted
by the Taiwanese government; these recorded high profiling individuals such as the
Russian Billionaire Boris Berezovsky in attendance. The eleventh conference was
in Coimbra (Portugal) in 1994 organized by J. Climaco, while in 1995 the twelfth
9
joined by another researcher named Pekka Korhonen in 1070. These individuals
worked tremendously in putting decision supportive methods used for interaction
solving mathematical programming problems. Their method of work attracted many
researchers globally. This brought some researchers into limelight; these individuals
include Carlos Romera, James Ignizio and Sang Moon Lee as major contributors in
goal programming.
In 1959 Ron Howard collaborated with Kimball G. E in 1959 to write an article
on the “Sequential Decision Processes”. However, the term “Decision Analysis” was
considered used first by him in the mid 1960s.
Another historical event is that of Ralph Keeney and Raiffa Howard in 1976 coauthored and published a book that was incredibly important in the Multi Attribute
Value Theory establishment. This work is regarded as a standard work that can be
of a great reference for generations with regard to the study multi-criteria decision
making (MCDM). Subsequently, ELECTRE was developed in Europe by Bernard
Roy and others in the mid 1960s, respectively. This idea was to construct a great
network of preferences to establish methods that are outstanding. The late Amos
Tuersky and Daniel Kahneman worked on behavioral decision theory, which earned
Nobel prize in Economics in the year 2002.
2.1.1 Multi-criteria Decision-Making Meetings
Numerous dialogue was met that led to an organized meeting in 1975 by Zionts
and in 1977 by Buffalo in Jouy-en-Josas, with other relating researchers such as
Fandel Gunter, Tumas Gal, Stan Zionts, Andzej Wierzbicki and Jaap Spronk. These
individuals attended a meeting in Konigswinter, Germany related in 1979 that led to
founding of Special Interest Group (SIG) on MCDM. This gave Zionts a portfolio
of becoming the group leader. These individuals considered some reputable conference, recorded in France, New York and Jouy-en-Josas with interesting packages
(founding) attached to them, respectively.
In 1980, J. Morse organized a MCDM conference recorded in Dalaware as the
fourth conference recorded and the P. Hansen organized the fifth conference in Mons
Belgium in 1982. These meetings were held in different locations around the globe
every two years. Yacov Haimes organized the sixth meeting in 1984 in Cleveland
Ohio while Y. Sawaragi and H. nakayama organized the seventh conference in 1986
in Japan. A. G Lockett and G. Islei organized the eighth conference in 1988 in
Manchester, United Kingdom.
The ninth International conference was organized in 1990 by Ambrose
Goicoechea in Fairfax, Virginia. The tenth conference was organized by GwoHshiung and P.L. Yu in 1992 in Taiwa, Taipei province which was hugely assisted
by the Taiwanese government; these recorded high profiling individuals such as the
Russian Billionaire Boris Berezovsky in attendance. The eleventh conference was
in Coimbra (Portugal) in 1994 organized by J. Climaco, while in 1995 the twelfth