Research on models of decision-making problem recognition

Part of : WSEAS transactions on business and economics ; Vol.5, No.3, 2008, pages 37-43

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Pages:
37-43
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Abstract:
Firstly, this paper introduces the concept of problem identification that is an early stage of decision-making process. The paper proposes that, as a subjective process, problem identification is mainly influenced by people’s cognition capability. Actually, the identification process is an evaluation process whose final aim is to evaluate the gap between the reality and the expected condition. Then, according to this feature, the paper establishes a gray incidence degree model and a satisfaction degree model based on response value. Further, the paper validates the models through an example.
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Keywords:
problem identification, gray incidence degree model, satisfaction degree model
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