Multi-Criteria Analysis: Investment Choice

This lecture introduces multi-criteria decision analysis (MCDA) and multi-criteria decision-making (MCDM) approaches for investment choice. It covers terminology, the formal structure of MCDA, challenges in criteria selection, weighing choice, and scoring methods. Examples illustrate scoring problems and the importance of price as a selection criterion. The lecture discusses the selection of weights, different scoring methods, and the special problem of price in decision-making. It also explores a case study on vehicle selection based on various criteria. Additionally, it delves into the application of MCDA for sustainability, focusing on the Sustainable Development Goals (SDGs) and indicators for sustainable development.