Interactive outranking approaches for multicriteria decision-making problems with imprecise information

G Özerol and E Karasakal ()
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G Özerol: Middle East Technical University
E Karasakal: Middle East Technical University

Journal of the Operational Research Society, 2008, vol. 59, issue 9, 1253-1268

Abstract: Abstract PROMETHEE is a powerful method, which can solve many multiple criteria decision making (MCDM) problems. It involves sophisticated preference modelling techniques but requires too much a priori precise information about parameter values (such as criterion weights and thresholds). In this paper, we consider a MCDM problem where alternatives are evaluated on several conflicting criteria, and the criterion weights and/or thresholds are imprecise or unknown to the decision maker (DM). We build robust outranking relations among the alternatives in order to help the DM to rank the alternatives and select the best alternative. We propose interactive approaches based on PROMETHEE method. We develop a decision aid tool called INTOUR, which implements the developed approaches.

Keywords: multiple criteria decision aid; interactive approach; PROMETHEE; outranking relation; imprecise information (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1057/palgrave.jors.2602458

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