Configuration

Quick reference

• 00:05 After you've created a new decision,
• 00:07 you'll see an overview of what the decision-making process looks like.
• 00:12 Specifying criteria, adding alternatives,
• 00:15 making trade-offs and analyzing your results.
• 00:21 Before adding any of these, it would be good to configure your software to do
• 00:25 exactly what you want it to do.
• 00:28 In the menu on the left, click configuration.
• 00:33 Here, you can change the title of your decision and select the method that you
• 00:37 want to use to determine the preference values of your criteria.
• 00:43 Paprika trade-offs is the recommended method and selected by default.
• 00:48 This methodology is the secret spice to 1000minds decision-making, and
• 00:52 it will give you the best results.
• 00:55 It works by having you choose between a series of two hypothetical alternatives
• 01:01 that are defined on only two criteria, and each choice involves a trade-off.
• 01:08 For example, would you prefer a job that pays you $100,000 a year, but you
• 01:13 hate the work or would you prefer to be paid minimum wage but you love your job?
• 01:19 The trade-offs you make are used to determine the preference values for
• 01:24 your criteria.
• 01:26 In this case, how much more do you care about being able to enjoy your work than
• 01:30 you care about your salary?
• 01:34 Paprika trade-offs is the method that will give you the most accurate results,
• 01:38 if your goal is to make a decision, or come up with a decision-making framework.
• 01:46 Criterion sorting can be useful if you have ten or more criteria.
• 01:51 Here's the trade-offs will only ask you to choose between one criterion or
• 01:55 another, rather than pairs of two criteria with varying levels.
• 02:00 Which is what paprika tradeoffs does.
• 02:03 For example, would you prefer your apartment to have a balcony?
• 02:07 Or do you prefer to have a view?
• 02:09 You won't be able to analyze your alternatives as accurately since
• 02:13 the questions only asked about the presence or absence of each criterion,
• 02:18 rather than the degree to which your alternatives perform on each criterion.
• 02:23 But on the upside this method will save you time and effort,
• 02:27 if just the presence or absence of a criterion makes sense for your alternatives.
• 02:34 If you've already determined the weights of the levels in each criterion using
• 02:38 another method or if you'd like to enter some weights based on gut feel,
• 02:42 you can enter those weights directly using the direct rating method.
• 02:47 And then use 1000minds to analyze your alternatives more in depth.
• 02:52 But this is not recommended if you don't already have preference values determined
• 02:57 through some sort of decision-making software
• 03:00 because that will lead to inaccurate results.
• 03:04 Next, you can specify the terminology that you want to use in your decision.
• 03:10 If you're familiar with multi-criteria decision-making or conjoint analysis,
• 03:15 you can choose either of those options to use the terminology familiar to that
• 03:20 field, otherwise you can choose any custom terms that makes sense to you.
• 03:27 Of course, if you ever want to change any of the terms, you can do so
• 03:31 at any time later in the process.
• 03:35 Now that you have the software configured to your liking,
• 03:38 it's time to embark on your decision-making adventure.

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