Fuzzy logic modifications of the Analytic Hierarchy Process

Arnold F. Shapiro and Marie-Claire Koissi

Insurance: Mathematics and Economics, 2017, vol. 75, issue C, 189-202

Abstract: The Analytic Hierarchy Process (AHP) is a measurement methodology based on pair-wise comparisons that relies on judgment to derive priority scales. During its implementation, one constructs hierarchies, then makes judgments or performs measurements on pairs of elements with respect to a criterion to derive preference scales, which are then synthesized throughout the structure to select the preferred alternative.

Keywords: Analytic Hierarchy Process; Fuzzy logic; Fuzzy analytic hierarchy process; Risk assessment; Likelihood (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:insuma:v:75:y:2017:i:c:p:189-202

DOI: 10.1016/j.insmatheco.2017.05.003

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