F.A.Q.

What is MCDA?


Multi-Criteria Decision Analysis (MCDA) is a technique to systematically assess trade-offs between different alternatives to assist rational decision making in complex problems. By clearly separating objective analysis of the alternatives from the subjective weighting of the preferences, MCDA allows to decompose a problem and subsequently to simultaneously take into account all aspects of a decision problem, something that becomes impossible to do mentally for all but the simplest decisions.

Often stakeholders have a preconceived mental ranking of the alternatives. By iteratively adjusting the preference profile and comparing the resulting ranking of alternatives to this preconceived ranking, MCDA supports learning and helps to identify the drivers of the performance of alternatives. MCDA is a two step process, First the performance of the different alternatives is measured as objectively as possible. In the second step the decision makers can set their subjective preferences by weighting the importance of the different indicators.


How does it work?

 

Multi-Criteria Decision Analysis (MCDA) is a technique to systematically assess trade-offs between different alternatives to assist rational decision making in complex problems. By clearly separating objective analysis of the alternatives from the subjective weighting of the preferences, MCDA allows to decompose a problem and subsequently to simultaneously take into account all aspects of a decision problem, something that becomes impossible to do mentally for all but the simplest decisions.



I do have further questions.


Don't hesitate to contact Matteo Spada (matteo.spada (at) psi.ch).