ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTS

We present main characteristics of Electre family methods, designed for multiple criteria decision aiding. These methods use as a preference model an outranking relation in the set of actions – it is constructed in result of concordance and non-discordance tests involving a specific input preference...

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Main Author: Jose Rui Figueira
Format: Article
Language:English
Published: Croatian Operational Research Society 2010-12-01
Series:Croatian Operational Research Review
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=137537
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author Jose Rui Figueira
author_facet Jose Rui Figueira
author_sort Jose Rui Figueira
collection DOAJ
description We present main characteristics of Electre family methods, designed for multiple criteria decision aiding. These methods use as a preference model an outranking relation in the set of actions – it is constructed in result of concordance and non-discordance tests involving a specific input preference information. After a brief description of the constructivist conception in which the Electre methods are inserted, we present the main features of these methods. We discuss such characteristic features as: the possibility of taking into account positive and negative reasons in the modeling of preferences, without any need for recoding the data; using of thresholds for taking into account the imperfect knowledge of data; the absence of systematic compensation between “gains” and “losses”. The main weaknesses are also presented. Then, some aspects related to new developments are outlined. These are related to some new methodological developments, new procedures, axiomatic analysis, software tools, and several other aspects. The paper ends with conclusions.
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spelling doaj.art-9266ee80777f4265b741f71bb3b65c7a2022-12-22T03:11:21ZengCroatian Operational Research SocietyCroatian Operational Research Review1848-02251848-99312010-12-01112323ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTSJose Rui Figueira0Center for Management Studies, Technical University of Lisbon, PortugalWe present main characteristics of Electre family methods, designed for multiple criteria decision aiding. These methods use as a preference model an outranking relation in the set of actions – it is constructed in result of concordance and non-discordance tests involving a specific input preference information. After a brief description of the constructivist conception in which the Electre methods are inserted, we present the main features of these methods. We discuss such characteristic features as: the possibility of taking into account positive and negative reasons in the modeling of preferences, without any need for recoding the data; using of thresholds for taking into account the imperfect knowledge of data; the absence of systematic compensation between “gains” and “losses”. The main weaknesses are also presented. Then, some aspects related to new developments are outlined. These are related to some new methodological developments, new procedures, axiomatic analysis, software tools, and several other aspects. The paper ends with conclusions.http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=137537MCDAElectre methodschoosingrankingsorting
spellingShingle Jose Rui Figueira
ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTS
Croatian Operational Research Review
MCDA
Electre methods
choosing
ranking
sorting
title ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTS
title_full ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTS
title_fullStr ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTS
title_full_unstemmed ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTS
title_short ELECTRE METHODS: MAIN FEATURES AND RECENT DEVELOPMENTS
title_sort electre methods main features and recent developments
topic MCDA
Electre methods
choosing
ranking
sorting
url http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=137537
work_keys_str_mv AT joseruifigueira electremethodsmainfeaturesandrecentdevelopments