Computing a common preference vector in a complex multi-actor and multi-group decision system in Analytic Hierarchy Process context
Pietro Amenta (),
Alessio Ishizaka (),
Antonio Lucadamo (),
Gabriella Marcarelli () and
Vijay Vyas ()
Additional contact information
Pietro Amenta: University of Sannio
Alessio Ishizaka: Faculty of Business & Law, University of Portsmouth
Antonio Lucadamo: University of Sannio
Gabriella Marcarelli: University of Sannio
Vijay Vyas: Faculty of Business & Law, University of Portsmouth
Annals of Operations Research, 2020, vol. 284, issue 1, No 2, 33-62
Abstract:
Abstract The Analytic Hierarchy Process (hereafter AHP) is a popular multi-criteria decision-making technique. The extant AHP literature usually depicts the geometric mean or the arithmetic mean as a measure of aggregation to process group decisions. However, both these measures are subject to the influence of extreme opinions, and aggregations based on them may not accurately portray the true group preference. In this paper, we propose the Common Priority Vector Procedure, which accentuates the majority group preference and diminishes the influence of extreme individual opinions. The method has been further extended to deal with multi-actor, multi-criteria and multi-group decisions. The development of Common Priority Vector Procedure, presented here, has been motivated by a real case study presented towards the end of the paper.
Keywords: Decision analysis; AHP; Group decision; Common priority vector procedure; Multi-criteria decision making (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1007/s10479-019-03258-3
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