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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Bibliographic Details
Published inInternational journal of information technology & decision making Vol. 14; no. 6; pp. 1299 - 1330
Main Authors Larsson, Aron, Riabacke, Mona, Danielson, Mats, Ekenberg, Love
Format Journal Article
LanguageEnglish
Published Singapore World Scientific Publishing Company 01.11.2015
World Scientific Publishing Co. Pte., Ltd
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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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ISSN:0219-6220
1793-6845
1793-6845
DOI:10.1142/S021962201450059X