Title
How To Compromise On The Best Price? A Group Tacit Knowledge-Based Multicriteria Approach
Abstract
Tacit knowledge plays an important role in decision-making. That is why, in this paper, we propose a group tacit knowledge-based multicriteria approach for decision processes. This approach is based on a practical case study in the field of second-hand vehicle purchase. This paper proposes ideas and research issues on how to tackle tacit knowledge in group decision processes with cost-benefit and multicriteria decision analysis. Because tacit knowledge cannot always be explained, we use the multicriteria decision analysis to fittingly explain tacit knowledge which can be explained. In order to respect the financial policy of the company that purchases/sells second-hand vehicles, we continue using the cost-benefit analysis already implemented. The goal is to help the buyer and the seller to compromise on the best price.
Year
DOI
Venue
2014
10.1080/12460125.2014.863592
JOURNAL OF DECISION SYSTEMS
Keywords
Field
DocType
tacit knowledge, decision process, cost-benefit analysis, multi-criteria decision analysis, group decision
Decision analysis,Multiple-criteria decision analysis,Computer science,Knowledge management,Cost–benefit analysis,Decision process,Compromise,Tacit knowledge,Management science
Journal
Volume
Issue
ISSN
23
1
1166-8636
Citations 
PageRank 
References 
0
0.34
3
Authors
4
Name
Order
Citations
PageRank
Pierre-Emmanuel Arduin173.95
Brice Mayag2338.36
Elsa Negre315123.92
Camille Rosenthal-Sabroux43213.34