Why pairwise comparison methods may fail in MCDM rankings

Kunsch Pl ()
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Kunsch Pl: Vrije Universiteit Brussel

A chapter in Operations Research Proceedings 2011, 2012, pp 97-102 from Springer

Abstract: Abstract This article is based on previous author’s articles on a correct way for ranking alternatives inMulti-criteria Decision-Making (MCDM). A straightforward but robust Weighed-Sum Procedure (WSP) is presented. It consists in combining additively ranks or scores evaluated against a dimensionless scale, common to all criteria. MCDM methodologies based on pair-wise comparison methods are on the contrary not providing the correct rankings in many practical situations. The roots of the observed failures are made clearer for the well-known Promethee method by means of a simple example.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-642-29210-1_16

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DOI: 10.1007/978-3-642-29210-1_16

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