FINANCIAL CUTBACK DECISIONS BY PRIORITY SCALING
- 1 April 1983
- journal article
- Published by Wiley in Journal of Management Studies
- Vol. 20 (2) , 233-260
- https://doi.org/10.1111/j.1467-6486.1983.tb00206.x
Abstract
This paper reports the application of the priority scaling method to financial cutback decisions in a social services organization, and provides an overview of the priority scaling method.The method is used to elicit a weighted scale of individual and group priorities between options from paired‐comparison exercises, together with a measure of internal consistency of judgment. The weighted scale of option priorities may be adjusted to align with the relative values individuals and groups assign to the multiple criteria which guide their judgments, and a measure of internal coherence of judgment obtained. Decision‐makers’ allocations of resources may be inferred from their priority weightings together with budgets for each option. Applying the method in reverse, decision‐makers’ implied priorities may be directly inferred from proposed budget cuts. A set of reliability tests are incorporated in rigorous versions of the method.Keywords
This publication has 17 references indexed in Scilit:
- Selection of automated office systems: a case studyOmega, 1981
- Analysis of Hospital Capital Decision Alternatives: A Priority Assignment ModelJournal of the Operational Research Society, 1979
- Analysis of Hospital Capital Decision Alternatives: A Priority Assignment ModelJournal of the Operational Research Society, 1979
- Scenarios and priorities in transport planning: Application to the SudanTransportation Research, 1977
- A scaling method for priorities in hierarchical structuresJournal of Mathematical Psychology, 1977
- A simple multiattribute utility procedure for evaluationBehavioral Science, 1977
- Science, Values, and Human JudgmentScience, 1976
- A work game for social servicesSIMULATION, 1973
- The nominal group as a research instrument for exploratory health studies.American Journal of Public Health, 1972
- A Metric for the Social ConsensusScience, 1966