Multi-Criteria Decision-Making (MCDM) involves considering trade-offs between multiple criteria or objectives in order to prioritize or rank alternatives.
(As well as MCDM, 1000Minds is also for Conjoint Analysis.)
The information available here is intended to be practical and user-oriented rather than technical – other websites (see below) are devoted to technical details.
- Multi-criteria decisions
- Points systems
- Scoring methods
- MCDM groups and websites
- Books and journals
In addition, here’s a collection of ‘recommended readings’ that we have found useful in MCDM courses we’ve taught.
The process of Multi-Criteria Decision-Making
Depending on your application, decision-making processes typically include several stages and feedback loops. 1000Minds is especially useful at the “Model building” and “Challenging thinking” stages.
(Reproduced from Belton & Stewart, 2002, Multiple Criteria Decision Analysis: An Integrated Approach.)
How 1000Minds works
Learn more from these simple guides.