Behavioral multi-criteria decision analysis: further elaborations on the todim method
and | Oct 24, 2012
Published Online: Oct 24, 2012
Page range: 3 - 8
DOI: https://doi.org/10.2478/v10209-011-0001-1
This content is open access.
This short communication reviews the role of the TODIM method within behavioral decision theory and presents its genesis. Two important aspects of the method such as generalizing that method towards cumulative prospect theory and the choice of a reference point are further clarified.