EconPapers    
Economics at your fingertips  
 

A new methodology for sensitivity and stability analysis of analytic network models

Jerrold H. May, Jennifer Shang, Youxu Cai Tjader and Luis G. Vargas

European Journal of Operational Research, 2013, vol. 224, issue 1, 180-188

Abstract: In this paper we develop a methodology to study the sensitivity and the stability of models built using the Analytic Network Process. We study two types of stability: core and solution stability. The former deals with finding the region of the perturbation space in which the initial solution (i.e., the alternative that is ranked first) obtained from the ANP model remains most preferred. The latter deals with finding the regions of the perturbation space in which the solutions that were not initially most preferred (i.e., alternatives that were not ranked first) become most preferred (i.e., they are ranked first). The methodology consists of three stages: generation of the perturbation space, finding the boundaries of the regions in the perturbation space in which the different alternatives are ranked first, and finding the stability regions.

Keywords: Analytic Network Process; Sensitivity analysis; Stability analysis; Euclidean centers (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221712005760
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:224:y:2013:i:1:p:180-188

DOI: 10.1016/j.ejor.2012.07.035

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:ejores:v:224:y:2013:i:1:p:180-188