EURO 2024 Copenhagen
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4144. A Desktop Tool for Multicriteria Decision Analysis

Invited abstract in session WA-44: Pairwise comparisons and preference relations 3, stream Multiple Criteria Decision Analysis.

Wednesday, 8:30-10:00
Room: 20 (building: 324)

Authors (first author is the speaker)

1. Radomir Perzina
Department of Informatics and Mathematics, Silesian University, School of Business

Abstract

There exists wide range of software products to support decision making. However, the main disadvantage of these products is their commercial nature, which makes them relatively expensive and inaccessible to small companies, students, and researchers. Addressing this gap, we introduce a novel desktop tool called Multicriteria Decision Assistant (MDA). MDA emerges as an evolution of a previous software, the FDA, enhancing user experience by eliminating the need for an internet connection, thus addressing privacy and data security concerns by preventing sensitive data from being sent to external servers. This feature significantly increases the tool's appeal to users wary of data privacy issues.
What sets the tool apart is not just its cost-free accessibility but its educational potential. Unlike many decision support tools that operate as black boxes, MDA makes the decision-making process transparent, displaying the results of intermediate calculations. This transparency is invaluable for educational purposes, allowing students to grasp the underlying principles of multicriteria decision-making and encouraging a deeper understanding of the decision process itself. The proposed software package is demonstrated on an illustrating example of a real-life decision problem.

Keywords

Status: accepted

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