Strategic Approach in Multi-Criteria Decision Making

Focusing on multiple criteria decision making (MCDM), this book introduces the Sequential Iterative Modelling for Urban Systems (SIMUS) as a strategic decision-making tool. It underscores the importance of reflecting real-world scenarios in modeling and incorporates sensitivity analysis. By utilizing criteria marginal values instead of traditional weights, it enables the creation of curves that illustrate how variations in criteria values impact the objective function. This approach provides quantitative insights, aiding stakeholders in conducting thorough risk analyses influenced by external factors.