The following technique allows explicit consideration of more than one possible outcome: Multiple Criteria Decision Analysis (MCDA). MCDA is a decision-making analysis that evaluates multiple criteria in order to determine the best decision or course of action. It is used in a variety of areas such as business, economics, public policy, science, engineering, and health care.
MCDA is a structured process that involves defining criteria, classifying inputs, weighting criteria, comparing options, and selecting the best choice. It uses both quantitative and qualitative methods to evaluate the various decision criteria, and it also takes into account individual preferences and values. This helps to ensure that the final decision is based on a comprehensive and objective evaluation.
The advantages of MCDA include its ability to handle a wide variety of criteria, its ability to handle conflicting criteria, and its ability to consider a variety of perspectives. It is also useful when there is a need to make a decision that balances multiple conflicting criteria, as it allows for the more explicit consideration of different outcomes.
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