Decision making example buying a car
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Decision Making Example: Buying a Car. Objectives:1. dependable 2. low cost 3. ‘fun’. Alternatives: 1. used Focus 2. new Tercel. Feasibility criteria: cost < $xx seats > 2 adults Merit criteria: low cost color mileage. include insurance, available options in evaluation.

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Decision Making Example: Buying a Car

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Decision making example buying a car

Decision Making Example: Buying a Car

Objectives:1. dependable

2. low cost

3. ‘fun’

Alternatives:

1. used Focus

2. new Tercel

  • Feasibility criteria:

  • cost < $xx

  • seats > 2 adults

  • Merit criteria:

  • low cost

  • color

  • mileage

include insurance, available options in evaluation

Problem model: MAUT (aka, merit analysis)

Selection:

new Tercel (twice) used Focus (last time)

evaluates monthly payments and insurance w.r.t. impact on other activities; desired vehicle options included?

Yes

Is further

analysis

required

Evaluated alternatives 3 times.

?

No

Bought used Focus

from: Clemen, R.T. (1996). Making Hard Decisions: An introduction to decision analysis (2nd edition) Belmont, CA: Wadsworth Publishing Co.


Decision making example buying a car

From: Klein, G.A. A recognition-primed decision (RPD) model of rapid decision making. In Klein, Orasanu, Calderwood, & Zsambok (eds.) Decision Making in Action: Models and Methods (1993). Ablex Publishing Corp.


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