Multi-criteria Decision Making Methods : A Comparative Study /

Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their qu...

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Main Author: Triantaphyllou, Evangelos, author 427455
Format: text
Language:eng
Published: Dordrecht ; Boston, Mass. : Kluwer Academic Publishers, 2000
Subjects:
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author Triantaphyllou, Evangelos, author 427455
author_facet Triantaphyllou, Evangelos, author 427455
author_sort Triantaphyllou, Evangelos, author 427455
collection OCEAN
description Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones. This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist. Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.
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spelling KOHA-OAI-TEST:4646182021-07-01T06:37:03ZMulti-criteria Decision Making Methods : A Comparative Study / Triantaphyllou, Evangelos, author 427455 textDordrecht ; Boston, Mass. : Kluwer Academic Publishers,2000engMulti-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones. This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist. Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.Includes bibliographical references and indexes.List of Figures. -- List of Tables. -- Foreword. -- Preface. -- Acknowledgments. -- 1. Introduction to Multi-Criteria Decision Making. -- 2. Multi-Criteria Decision Making Methods. -- 3. Quantification of Qualitative Data for MCDM Problems. -- 4. Deriving Relative Weights from Ratio Comparisons. -- 5. Deriving Relative Weights from Difference Comparisons. -- 6. A Decomposition Approach for Evaluating Relative Weights Derived from Comparisons. -- 7. Reduction of Pairwise Comparisons Via a Duality Approach. -- 8. A Sensitivity Analysis Approach for MCDM Methods. -- 9. Evaluation of Methods for Processing a Decision Matrix and Some Cases of Ranking Abnormalities. -- 10. A Computational Evaluation of the Original and the Revised AHP. -- 11. More Cases of Ranking Abnormalities When Some MCDM Methods Are Used. -- 12. Fuzzy Sets and Their Operations. -- 13. Fuzzy Multi-Criteria Decision Making. -- 14. Conclusions and Discussion for Future Research. -- References. -- Subject Index. -- Author Index. -- About the Author.Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones. This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist. Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.PSZ_JBMultiple criteria decision makingURN:ISBN:0792366077
spellingShingle Multiple criteria decision making
Triantaphyllou, Evangelos, author 427455
Multi-criteria Decision Making Methods : A Comparative Study /
title Multi-criteria Decision Making Methods : A Comparative Study /
title_full Multi-criteria Decision Making Methods : A Comparative Study /
title_fullStr Multi-criteria Decision Making Methods : A Comparative Study /
title_full_unstemmed Multi-criteria Decision Making Methods : A Comparative Study /
title_short Multi-criteria Decision Making Methods : A Comparative Study /
title_sort multi criteria decision making methods a comparative study
topic Multiple criteria decision making
work_keys_str_mv AT triantaphyllouevangelosauthor427455 multicriteriadecisionmakingmethodsacomparativestudy