Abstract
Some traditional methods were thought to hold solutions for the multi-objective problem. Cost-Benefit e.g., uses one single unit, namely money. In that way, it represents an extremely materialistic approach. The person who is eager to work will be very unhappy with a purely monetary compensation. A child who lost his parents in a car accident is not compensated for his grief with a monetary payment. Security on the roads is not a purely monetary problem, but also a problem of education and trairiing, of soberness and road and weather conditions.
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Notes Part 3 Chapter 2
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Brauers, W.K. (2004). Some Traditional Methods to Approach the Problem of Multiple Objectives. In: Optimization Methods for a Stakeholder Society. Nonconvex Optimization and Its Applications, vol 73. Springer, Boston, MA. https://doi.org/10.1007/978-1-4419-9178-2_8
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