1997 | OriginalPaper | Buchkapitel
The Evolving Role of MCDM in Risk Management
verfasst von : Yacov Y. Haimes
Erschienen in: Multiple Criteria Decision Making
Verlag: Springer Berlin Heidelberg
Enthalten in: Professional Book Archive
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The fundamental task that faces risk managers at all levels of decision making is the need, ability, and sometimes the courage, to make the required trade-offs among risks of various nature and among their associated costs and benefits. Quantifying multifarious risks and determining the acceptability level of each risk and its associated costs and benefits are the critical challenges at the heart of the Multiple Criteria Decision Making (MCDM) field.