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Preference modeling experiments with surrogate weighting procedures for the PROMETHEE method

Adiel T. de Almeida Filho, Thárcylla R.N. Clemente, Danielle Costa Morais and Adiel Teixeira de Almeida

European Journal of Operational Research, 2018, vol. 264, issue 2, 453-461

Abstract: One of the main tasks in a multi-criteria decision-making process is to define weights for the evaluation criteria. However, in many situations, the decision-maker (DM) may not be confident about defining specific values for these weights and may prefer to use partial information to represent the values of such weights with surrogate weights. Although for the additive model, the use of surrogate weighting procedures has been already explored in the literature, there is a gap with regard to experimenting with such kind of preference modeling in outranking based methods, such as PROMETHEE, for which there already are applications with surrogate weights in the literature. Thus, this paper presents an experimental study on preference modeling based on simulation so as to increase understanding and acceptance of a recommendation obtained when using surrogate weights within the PROMETHEE method. The main approaches to surrogate weights in the literature (EW, RS, RR and ROC) have been evaluated for choice and ranking problematics throughout statistical procedures, including Kendall's tau coefficient. The surrogate weighting procedure that most faithfully represents a DM's value system according to this analysis is the ROC procedure.

Keywords: Multi criteria decision analysis; Preference modeling; PROMETHEE method; Partial information; Surrogate weights (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:264:y:2018:i:2:p:453-461

DOI: 10.1016/j.ejor.2017.08.006

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

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