Introduction to Value Tree Analysis

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Table of Contents

Introduction to Value Tree Analysis

Contents

About the introduction

Basic concepts

Value function

Value tree

Phases of value tree analysis

A job selection problem

Hierarchical organisation of objectives

The objectives hierarchy .for the job selection problem

Consequences

Preference elicitation: an overview

Single attribute value .function elicitation in brief

Setting attributes’ ranges

Assessing the form of value function

Direct rating

About weight elicitation

SMART

AHP

Used preference elicitation methods

Recommended decision

One-way sensitivity analysis

Changes in “working hours” attribute

Changes in “working hours” attribute

Author: SAL eLearning Resources / MCDA team

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