Using Surrogate Weights for handling Preference Strength: 15th International Conference, GDN 2015, Warsaw, Poland, June 22-26, 2015, Proceedings
2015 (English)In: Outlooks and Insights on Group Decision and Negotiation / [ed] Bogumił Kamiński, Gregory E. Kersten, Tomasz Szapiro, Springer, 2015, Vol. 218, 107-118 p.Conference paper (Refereed)Text
Various proposals for how to eliminate some of the obstacles in multi-criteria decision making exist and methods for introducing so called surrogate weights have proliferated for some time in the form of ordinal ranking methods for the criteria weights. Considering the decision quality, one main problem is that the input information to ordinal methods is often too restricted. At the same time, decision-makers often possess more background information, for example regarding the relative strengths of the criteria, and might want to use that. Thus, some form of strength relation often exists that can be utilised when transforming orderings into weights. In this article, using a quite extensive simulation approach, we suggest a thorough testing methodology and analyse the relevance of a set of ordering methods including to what extent these improve the efficacy of rank order weights and provide a reasonable base for decision making.
Place, publisher, year, edition, pages
Springer, 2015. Vol. 218, 107-118 p.
, Lecture Notes in Business Information Processing, ISSN 1865-1348 ; 218
Multi-criteria decision analysis, Criteria weights, Criteria ranking, Rank order
Research subject Computer and Systems Sciences
IdentifiersURN: urn:nbn:se:su:diva-129721DOI: 10.1007/978-3-319-19515-5_9ISBN: 978-3-319-19514-8ISBN: 978-3-319-19515-5OAI: oai:DiVA.org:su-129721DiVA: diva2:923850
15th International Conference, GDN 2015, Warsaw, Poland, June 22-26, 2015