Critical analysis of classical scenario-based decision rules for pure strategy searching

• Autorzy: Gaspars-Wieloch Helena

Identyfikatory

DOI

10.29119/1641-3466.2020.149.15

• Języki publikacji: EN

Abstrakty

EN

Purpose: The contribution briefly presents the essence and applications of the well-known classical decision rules designed for decision making under uncertainty with unknown probabilities and based on scenario planning. We concentrate on games against nature, pure strategy searching and one-criterion optimization. Design/methodology/approach: The main goal of this work is to analyse numerous case studies and formulate conclusions concerning the properties (in particular drawbacks and limitations) of the aforementioned strategic procedures. Findings: The paper focuses on the limited usefulness of classical decision rules in real economic decision problems. It is advised to apply them very carefully. Research limitations/implications: A similar analysis for mixed strategy searching and multi-criteria optimization should be performed within a future research. Originality/value: The work offers numerous practical guidelines modifying existing procedures and allowing decision makers to obtain logic recommendations.

Słowa kluczowe

EN

classical uncertainty one-criterion decision rules; scenario planning; pure strategy; decision maker preferences; economic case study

PL

klasyczne jednokryterialne reguły decyzyjne; planowanie scenariuszowe; strategia czysta; preferencje decydenta; ekonomiczne studium przypadku

• Wydawca: Wydawnictwo Politechniki Śląskiej
• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2020
• Tom: z. 149
• Strony: 155--165
• Opis fizyczny: Bibliogr. 25 poz.

Twórcy

autor

Gaspars-Wieloch Helena

• Poznań University of Economics and Business, Department of Operations Research

Bibliografia

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