One often wonders why more people in organizations do not rush today to use a formal decision-making approach to make their complex decisions. A strange thing about people is that they value money and other valuable resources over their own loosely defined and not well-organized subjective value systems. This paper places special emphasis on the measurement of intangible criteria and on their incorporation into the allocation process through a proper decision making approach. The purpose of decision-making is to help people make decisions according to their own understanding. In this paper, a well know decision-making method, the Analytic Hierarchy Process (AHP) is applied to identify a quality model to evaluate Italian racecourses performances based upon the criteria: Quality organization of Racing, Infrastructure and Equipment, Attractiveness and Management Skill. The main conclusion is that the AHP model adopted can manage all the information of the real-world problem.
Optimal allocation of economic resources using the ahp absolute model
De Felice, Fabio;PETRILLO, Antonella;
2012-01-01
Abstract
One often wonders why more people in organizations do not rush today to use a formal decision-making approach to make their complex decisions. A strange thing about people is that they value money and other valuable resources over their own loosely defined and not well-organized subjective value systems. This paper places special emphasis on the measurement of intangible criteria and on their incorporation into the allocation process through a proper decision making approach. The purpose of decision-making is to help people make decisions according to their own understanding. In this paper, a well know decision-making method, the Analytic Hierarchy Process (AHP) is applied to identify a quality model to evaluate Italian racecourses performances based upon the criteria: Quality organization of Racing, Infrastructure and Equipment, Attractiveness and Management Skill. The main conclusion is that the AHP model adopted can manage all the information of the real-world problem.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
