Cardinal and Rank Ordering of Criteria — Addressing Prescription within Weight Elicitation
Weight elicitation methods in multi-criteria decision analysis (MCDA) are often cognitively demanding, require too much precision, time and effort. Some of the issues may be remedied by connecting elicitation methods to an inference engine facilitating a quick and easy method for decision-makers to...
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Published in | International journal of information technology & decision making Vol. 14; no. 6; pp. 1299 - 1330 |
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Main Authors | , , , |
Format | Journal Article |
Language | English |
Published |
Singapore
World Scientific Publishing Company
01.11.2015
World Scientific Publishing Co. Pte., Ltd |
Subjects | |
Online Access | Get full text |
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Summary: | Weight elicitation methods in multi-criteria decision analysis (MCDA) are often cognitively demanding, require too much precision, time and effort. Some of the issues may be remedied by connecting elicitation methods to an inference engine facilitating a quick and easy method for decision-makers to use weaker input statements, yet being able to utilize these statements in a method for decision evaluation. In this paper, we propose a fast and practically useful weight elicitation method, answering to many of the requirements. The method builds on the ideas of rank-order methods, but can also take imprecise cardinal information into account. The method is subsequently employed in two real-life case studies and compared to a case where a simple ratio weight procedure using exact input statements was employed. |
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Bibliography: | ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 14 content type line 23 |
ISSN: | 0219-6220 1793-6845 1793-6845 |
DOI: | 10.1142/S021962201450059X |