The precise consistency consensus matrix in a local AHP-group decision making context

Juan Aguarón, María Teresa Escobar and José María Moreno-Jiménez ()
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Juan Aguarón: Universidad de Zaragoza
María Teresa Escobar: Universidad de Zaragoza
José María Moreno-Jiménez: Universidad de Zaragoza

Annals of Operations Research, 2016, vol. 245, issue 1, No 13, 245-259

Abstract: Abstract A new decisional tool, the consensus consistency matrix (CCM) has recently been proposed for dealing with AHP-group decision making (AHP-GDM) in a local context (a single criterion). Each entry of this matrix, based on the property of consistency, corresponds to the range of values or interval in which all the decision makers are simultaneously consistent in their initial matrices. The main limitation of the CCM is that, on many occasions, it is not possible to obtain a matrix with the minimum $$n-1$$ n - 1 judgments that are required to derive the priorities. In this local AHP context, using the row geometric mean as the prioritisation procedure, this paper presents an extension of the CCM, the precise consensus consistency matrix (PCCM), which significantly mitigates this problem. By identifying precise values in the common consistency intervals, the PCCM automatically allows the number of entries in the CCM to be increased. The PCCM provides more informed and participative GDM and offers more accurate estimations for the group’s priorities. It can also be used as a starting point for posterior negotiation processes between the actors and it can be employed in global AHP-GDM contexts (hierarchies). The new decisional tool has been applied to a real-life experience concerned with the analysis of the integral viability of public investment projects, more specifically, the economic valuation of social aspects.

Keywords: Analytic hierarchy process (AHP); Group decision making; Consistency; Stability intervals; Consensus (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (11)

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DOI: 10.1007/s10479-014-1576-8

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