Title :
Ranking and screening multiple criteria alternatives with partial information and use of ordinal and cardinal strength of preferences
Author :
Malakooti, Behnam
Author_Institution :
Dept. of Electr. Eng. & Comput. Sci., Case Western Reserve Univ., Cleveland, OH, USA
fDate :
5/1/2000 12:00:00 AM
Abstract :
This paper consists of three parts: 1) some theories and an efficient algorithm for ranking and screening multicriteria alternatives when there exists partial information on the decision maker´s preferences; 2) generation of partial information using variety of methods; and 3) the existence of ordinal and cardinal functions based on and strengths of preferences. We demonstrate that strengths of preference concept can be very effectively used to generate the partial information on preferences. We propose axioms for ordinal and cardinal (measurable) value functions. An algorithm is developed for ranking and screening alternatives when there exists partial information about the preferences and the ordering of alternatives. The proposed algorithm obtains the same information very efficiently while by solving one mathematical programming problem many alternatives can be ranked and screened. Several examples are discussed and results of some computational experiments are reported
Keywords :
decision theory; management science; mathematical programming; analytic hierarchy process; cardinal ranking; decision making; mathematical programming; multicriteria optimisation; ordinal ranking; partial information; preferences; screening; Decision making; Delta modulation; Linear programming; Mathematical programming; Power generation; Upper bound;
Journal_Title :
Systems, Man and Cybernetics, Part A: Systems and Humans, IEEE Transactions on
DOI :
10.1109/3468.844359