Volume 3, Issue 10 , February 2012, , Pages 227-249
Abstract
Because of his limited power in understanding the external world and his restricted power of reasoning comprehensively and deeply, man faces uncertainty and doubt: uncertainty concerning the adequacy of his information and doubt with regard to the generalizability of his conclusions. Multiple-criteria ...
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Because of his limited power in understanding the external world and his restricted power of reasoning comprehensively and deeply, man faces uncertainty and doubt: uncertainty concerning the adequacy of his information and doubt with regard to the generalizability of his conclusions. Multiple-criteria decision-making is one of the ways to increase certainty and comprehensiveness of information and to reduce the uncertainty arising from the judgments of the decision makers. One of the established criteria in decision-making matrix, for cases where there is lack of certainty, is the criterion of minimum regret. The present paper, focusing on the recruitment of academic staff, attempts to identify the options with minimum regret. In other words, by assigning priority to these options or selection criteria, we will have the least risk in our recruitment. Therefore, the major criteria in selection of academic staff were examined in a case study at University of Isfahan. In choosing options with minimum regret, nine major criteria were studied in three educational, social and research categories. The criteria were ranked using ELECTRE algorithm. The results of the analysis revealed that the options of educational conduct, educational records (including the university they graduated from or whether they were top student or not), and teaching ability are among the criteria with minimum regret if considered in making decision about the academic ability of the staff. In other words, these criteria are highly trustworthy in risk management, and the decision-makers will regret less when relying on these criteria.
