Exploring Multicriteria Elicitation Model Based on Pairwise Comparisons: Building an Interactive Preference Adjustment Algorithm

Giancarllo Ribeiro Vasconcelos and Caroline Maria de Miranda Mota

Mathematical Problems in Engineering, 2019, vol. 2019, 1-14

Abstract:

Pairwise comparisons have been applied to several real decision making problems. As a result, this method has been recognized as an effective decision making tool by practitioners, experts, and researchers. Although methods based on pairwise comparisons are widespread, decision making problems with many alternatives and criteria may be challenging. This paper presents the results of an experiment used to verify the influence of a high number of preferences comparisons in the inconsistency of the comparisons matrix and identifies the influence of consistencies and inconsistencies in the assessment of the decision-making process. The findings indicate that it is difficult to predict the influence of inconsistencies and that the priority vector may or may not be influenced by low levels of inconsistencies, with a consistency ratio of less than 0.1. Finally, this work presents an interactive preference adjustment algorithm with the aim of reducing the number of pairwise comparisons while capturing effective information from the decision maker to approximate the results of the problem to their preferences. The presented approach ensures the consistency of a comparisons matrix and significantly reduces the time that decision makers need to devote to the pairwise comparisons process. An example application of the interactive preference adjustment algorithm is included.

Date: 2019
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:2125740

DOI: 10.1155/2019/2125740

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