Title :
An aggregation framework for time series-based MCDA
Author :
Zhou Ming ; Chen Ye
Author_Institution :
Coll. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
Multiple criteria decision analysis (MCDA) is an important part of modern decision science. This paper is devoted to investigating the time series-based multiple criteria decision analysis (TSMCDA) problems where the decision information is provided by decision maker(s) at different time periods. First, we define the concept of ordered weighted averaging (OWA) and based on the OWA aggregation method. Next, a hybrid approach integrating OWA aggregation is proposed to tackle TS MCDA problems. Then, a numerical example is provided to demonstrate the proposed approach and the results are compared for different aggregation settings and confirm the rankings from different scenarios.
Keywords :
decision making; decision theory; time series; OWA aggregation method; TSMCDA problem; aggregation framework; decision information; decision maker; modern decision science; ordered weighted averaging; time series-based multiple criteria decision analysis; Australia; Computational modeling; Open wireless architecture; Multiple Criteria Decision Analysis (MCDA); OWA aggregation; Ordered Weighted Averaging (OWA); Time Series-based Multiple Criteria Decision Analysis (TS MCDA);
Conference_Titel :
Grey Systems and Intelligent Services (GSIS), 2011 IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-61284-490-9
DOI :
10.1109/GSIS.2011.6044019