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A case-based distance method for screening in multiple-criteria decision aid

Ye Chen, D. Marc Kilgour and Keith W. Hipel

Omega, 2008, vol. 36, issue 3, 373-383

Abstract: Screening is a process of multiple-criteria decision aid (MCDA) in which a large set of alternatives is reduced to a smaller set that most likely contains the best choice. We propose screening using a distance model calibrated on the basis of the decision-maker's own judgement. Viewing MCDA as preference aggregation based on consequence data, we define consequence and preference expressions (values and weights) and describe how they are aggregated. Then we define screening and explain some of its properties. Using an appropriate definition of distance, our case-based distance method screens a set of alternatives using criterion weights and a distance threshold obtained by quadratic optimization using the decision-maker's selection of alternatives from a test set. This case-based method can elicit the decision maker's preferences more expeditiously and accurately than direct inquiry. An application in water supply planning is used to demonstrate the procedure.

Keywords: Multiple; criteria; aid; Screening; Case-based; reasoning; Distance; Weight; generation; Water; supply; planning (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (11)

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