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On the Similarities of Some Multi-Criteria Decision Analysis Methods

✍ Scribed by Jutta Geldermann; Anita Schöbel

Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
366 KB
Volume
18
Category
Article
ISSN
1057-9214

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✦ Synopsis

ABSTRACT

Since multiple criteria characterise many practical decision problems, the research field of multicriteria decision analysis (MCDA) is flourishing. This paper compares the multi‐attribute decision making (MADM) methods, simple additive rating (SAR), simple additive weighting (SAW) as well as the outranking approach PROMETHEE and explains their similarities. We present a case study on industrial paint application and provide theoretical evidence that PROMETHEE can mimic other MADM algorithms. Copyright © 2011 John Wiley & Sons, Ltd.

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