A novel integration of MCDM methods and Bayesian networks: the case of incomplete expert knowledge
Rukiye Kaya (),
Said Salhi and
Virginia Spiegler
Additional contact information
Rukiye Kaya: The University of Kent
Said Salhi: The University of Kent
Virginia Spiegler: The University of Kent
Annals of Operations Research, 2023, vol. 320, issue 1, No 8, 205-234
Abstract:
Abstract In this study, we propose an effective integration of multi criteria decision making methods and Bayesian networks (BN) that incorporates expert knowledge. The novelty of this approach is that it provides decision support in case the experts have partial knowledge. We use decision-making trial and evaluation laboratory (DEMATEL) to elicit the causal graph of the BN based on the causal knowledge of the experts. BN provides the evaluation of alternatives based on the decision criteria which make up the initial decision matrix of the technique for order of preference by similarity to the ideal solution (TOPSIS). We then parameterize BN using Ranked Nodes which allows the experts to submit their knowledge with linguistic expressions. We propose the analytical hierarchy process to determine the weights of the decision criteria and TOPSIS to rank the alternatives. A supplier selection case study is conducted to illustrate the effectiveness of the proposed approach. Two evaluation measures, namely, the number of mismatches and the distance due to the mismatch are developed to assess the performance of the proposed approach. A scenario analysis with 5% to 20% of missing values with an increment of 5% is conducted to demonstrate that our approach remains robust as the level of missing values increases.
Keywords: Multi criteria decision making methods; Bayesian networks; Incomplete expert knowledge; Posterior probability; Ranked nodes; Supplier selection (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://link.springer.com/10.1007/s10479-022-04996-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:annopr:v:320:y:2023:i:1:d:10.1007_s10479-022-04996-7
Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479
DOI: 10.1007/s10479-022-04996-7
Access Statistics for this article
Annals of Operations Research is currently edited by Endre Boros
More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().