A new computer programme that can help make intelligent judgements is set to advance the way we make decisions.
The software’s methodology, developed by a team led by Professor Jian-Bo Yang at The University of Manchester, could eventually be used in a wide range of fields, from measuring the excellence of an organisation to comparing the productivity of nations.
Professor Yang, head of the Decision Sciences and Operations Management group at Manchester Business School, explained: “If you were buying a car you would look at the various indicators, like price, reliability, performance and fuel economy. “This programme can help you make a decision based on judgements as well as statistics, so if you’re rich and price is not that important to you but reliability is, it will weigh these factors into the equation.” This, he says, is particularly important for companies or organisations, where decisions have to be justified, as the programme would also give reasons why, say, one fleet of cars was chosen over another.
Aeron Haworth | alfa
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