The analytic hierarchy process for the decision tree with multiple criteria

H. Brožová
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H. Brožová: Czech University of Agriculture, Prague, Czech Republic

Agricultural Economics, 2004, vol. 50, issue 2, 77-82

Abstract: For choosing the best decision in daily agricultural practice, it is very important to formalize the decision process using systems analysis and mathematical methods. Theory of the decision-making under uncertainty or under risk supposes one criterion. In practice, the best solution is chosen under more decision criteria. Decision problem with m alternatives, n states of nature and k criteria has to be solved in this case. Application of the Analytic Hierarchy Process (AHP) for solution of this problem is described in this paper.

Keywords: decision process; Multiple Criteria Decision Tree; Analytic Hierarchy Process; cardinal and ordinal input data (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:50:y:2004:i:2:id:5170-agricecon

DOI: 10.17221/5170-AGRICECON

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