GISwaps: A New Method for Decision Making in Continuous Choice Models Based on Even Swaps
Goran Milutinovic,
Ulla Ahonen-Jonnarth and
Stefan Seipel
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Goran Milutinovic: Department of Industrial Development, IT and Land Management, University of Gävle, Gävle, Sweden
Ulla Ahonen-Jonnarth: Department of Industrial Development, IT and Land Management, University of Gävle, Gävle, Sweden
Stefan Seipel: Department of Industrial Development, IT and Land Management, University of Gävle, Gävle, Sweden & Department of Information Technology, Uppsala University, Uppsala, Sweden
International Journal of Decision Support System Technology (IJDSST), 2018, vol. 10, issue 3, 57-78
Abstract:
This article describes how continuous GIS-MCDM problems are commonly managed by combining some weighting method based on pairwise comparisons of criteria with an aggregation method. The reliability of this approach may be questioned, though. First, assigning weights to criteria, without taking into consideration the actual consequences or values of the alternatives, is in itself controversial. Second, the value functions obtained by this approach are in most cases linear, which is seldom the case in reality. The authors present a new method for GIS-MCDM in continuous choice models based on Even Swaps. The method is intuitive and easy to use, based on value trade-offs, and thus not relying on criteria weighting. Value functions obtained when using the method may be linear or non-linear, and thereby are more sensitive to the characteristics of the decision space. The performed case study showed promising results regarding the reliability of the method in GIS-MCDM context.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jdsst0:v:10:y:2018:i:3:p:57-78
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