Title :
An improved method for solving multiple criteria problems involving discrete alternatives
Author :
Koksalan, M. Murat ; Karwan, Mark H. ; Zionts, Stanley
Author_Institution :
Dept. of Industrial Engng., State Univ. of New York, Bufffalo, NY, USA
Abstract :
An approach is presented for solving a discrete-multiple-criteria problem. The approach asks pairwise comparisons of a decision-maker. Under mild assumptions, the method obtains the most preferred alternative. The required number of pairwise comparisons is generally modest. The authors´ experience with the method indicates that for reasonable underlying utility functions, a heuristic stopping rule generally yields the most preferred alternative after several comparisons, usually fewer than 20.
Keywords :
decision theory and analysis; decision-maker; discrete alternatives; heuristic stopping rule; multiple criteria problems; pairwise comparisons; utility functions; Approximation methods; Cybernetics; Educational institutions; Games; Generators; Incentive schemes; Linear programming;
Journal_Title :
Systems, Man and Cybernetics, IEEE Transactions on
DOI :
10.1109/TSMC.1984.6313266