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Multi-attribute choice with ordinal information: a comparison of different decision rules

dc.contributor.authorSarabando, Paula
dc.contributor.authorDias, Luís
dc.date.accessioned2015-02-06T10:50:31Z
dc.date.available2015-02-06T10:50:31Z
dc.date.issued2009
dc.description.abstractIn the context of additive multiattribute aggregation, we address problems with ordinal information, i.e., considering a ranking of the weights (the scaling coefficients). Several rules for ranking alternatives in these situations have been proposed and compared, such as the rank-order-centroid weight, minimum value, central value, and maximum regret rules. This paper compares these rules, together with two rules that had never been studied (quasi-dominance and quasi-optimality) that use a tolerance parameter to extend the concepts of dominance and optimality. Another contribution of this paper is the study of the behavior of these rules in the context of selecting a subset of the most promising alternatives. This study intends to provide guidelines about which rules to choose and how to use them (e.g., how many alternatives to retain and what tolerance to use), considering the contradictory goals of keeping a low number of alternatives yet not excluding the best one. The comparisons are grounded on Monte Carlo simulations.por
dc.identifier.doi10.1109/TSMCA.2009.2014555
dc.identifier.urihttp://hdl.handle.net/10400.19/2593
dc.language.isoporpor
dc.peerreviewedyespor
dc.relationThis work was supported by the Portuguese Foundation for Science and Technology (FCT/FEDER) under Grant POCI/EGE/58371/2004.por
dc.subjectImprecise/incomplete/partial informationpor
dc.subjectMultiattribute utility theory (MAUT)/multiattribute value theory (MAVT)por
dc.subjectmulticriteria decision analysispor
dc.subjectordinal informationpor
dc.subjectsimulationpor
dc.titleMulti-attribute choice with ordinal information: a comparison of different decision rulespor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage554por
oaire.citation.startPage545por
oaire.citation.titleIEEE Transactions on Systems, Man, and Cybernetics, Part Apor
oaire.citation.volume39(3)por
rcaap.rightsclosedAccesspor
rcaap.typearticlepor

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