Note---A Preference Ranking Organisation Method

J. P. Brans and Ph. Vincke
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J. P. Brans: V. U. B. University of Brussels, Brussels B 1050, Belgium
Ph. Vincke: Free University of Brussels, Boulevard du Triomphe, Brussels, B 1050, Belgium

Management Science, 1985, vol. 31, issue 6, 647-656

Abstract: Principles for a new family of outranking methods are given. The main aim of the proposed PROMETHEE approach is to be as easily understood as possible by the decision-maker. It is based on extensions of the notion of criterion. Six possible extensions are considered. These extensions can easily be identified by the decision-maker because the parameters to be defined (at most 2) have an economic significance. A valued outranking graph is constructed by using a preference index. Two possibilities are considered to solve the ranking problem by using this valued graph. PROMETHEE I provides a partial preorder and PROMETHEE II a total preorder on the set of the possible actions.

Keywords: multi; criteria; decision; making (search for similar items in EconPapers)
Date: 1985
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