Multi-dimensional stability analysis for Analytic Network Process models

M. Gabriela Sava (), Luis G. Vargas (), Jerrold H. May () and James G. Dolan ()
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M. Gabriela Sava: Clemson University
Luis G. Vargas: University of Pittsburgh
Jerrold H. May: University of Pittsburgh
James G. Dolan: University of Rochester Medical Center

Annals of Operations Research, 2022, vol. 316, issue 2, No 30, 1424 pages

Abstract: Abstract The decision-making process involves, most of the time, working with limited and/or incomplete information to obtain a one-time synthesis of one’s preferences. However, additional information might be acquired by the decision-maker at a later time. To identify the impact that the additional information could have on the initial result, we developed a new multi-dimensional stability analysis that provides a comprehensive image of how preferences change or evolve, as perturbations are applied to the criteria weights, without reiterating the preference elicitation process. The insights provided by the new method helped define a set of stability measures useful in a practical setting. To show the direct implementation of the findings of the multi-dimensional stability analysis, we applied the method developed to a randomly generated ANP model.

Keywords: Multiple criteria analysis; Stability analysis; Perturbation space; Analytic Network Process (ANP) (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s10479-020-03553-4

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