On rank reversal in decision analysis
โ Scribed by Ying-Ming Wang; Ying Luo
- Publisher
- Elsevier Science
- Year
- 2009
- Tongue
- English
- Weight
- 438 KB
- Volume
- 49
- Category
- Article
- ISSN
- 0895-7177
No coin nor oath required. For personal study only.
โฆ Synopsis
Analytic hierarchy process (AHP) has been criticized for its possible rank reversal phenomenon caused by the addition or deletion of an alternative. This paper shows the fact that the rank reversal phenomenon occurs not only in the AHP but also in many other decision making approaches such as the Borda-Kendall (BK) method for aggregating ordinal preferences, the simple additive weighting (SAW) method, the technique for order preference by similarity to ideal solution (TOPSIS) method, and the cross-efficiency evaluation method in data envelopment analysis (DEA). Numerical examples are provided to illustrate the rank reversal phenomenon in these popular decision making approaches.
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