Agent-based computational modeling with its intrinsic multidisciplinary approach is gaining increasing recognition in the social sciences, particularly in economics, business and finance. The methodology is now widely used to compute analytical models numerically and test them for departures from th
Pairwise Comparisons Method: Theory and Applications in Decision Making (Lecture Notes in Economics and Mathematical Systems)
✍ Scribed by Jaroslav Ramík
- Publisher
- Springer
- Year
- 2020
- Tongue
- English
- Leaves
- 240
- Category
- Library
No coin nor oath required. For personal study only.
✦ Synopsis
This book examines relationships between pairwise comparisons matrices. It first provides an overview of the latest theories of pairwise comparisons in decision making, discussing the pairwise comparison matrix, a fundamental tool for further investigation, as a deterministic matrix with given elements. Subsequent chapters then investigate these matrices under uncertainty, as a matrix with vague elements (fuzzy and/or intuitionistic fuzzy ones), and also as random elements. The second part of the book describes the application of the theoretical results in the three most popular multicriteria decision-making methods: the Analytic Hierarchy Process (AHP), PROMETHEE and TOPSIS. This book appeals to scholars in areas such as decision theory, operations research, optimization theory, algebra, interval analysis and fuzzy sets.
✦ Table of Contents
Preface
Introduction
References
Contents
Part I Pairwise Comparisons Method—Theory
1 Preliminaries
1.1 Fuzzy Sets
1.2 Extension Principle
1.3 Binary Relations, Valued Relations, and Fuzzy Relations
1.4 Fuzzy Quantities, Fuzzy Numbers, and Fuzzy Intervals
1.5 Matrices with Fuzzy Elements
1.6 Abelian Linearly Ordered Groups
References
2 Pairwise Comparison Matrices in Decision-Making
2.1 Historical Remarks
2.2 State of the Art
2.3 Problem Definition
2.4 Multiplicative Pairwise Comparisons Matrices
2.5 Methods for Deriving Priorities from Multiplicative Pairwise Comparison Matrices
2.5.1 Eigenvector Method (EVM)
2.5.2 Arithmetic Mean Method (AMM)
2.5.3 Least Squares Method (LSM)
2.5.4 Logarithmic Least Squares Method (LLSM)/Geometric Mean Method (GMM)
2.5.5 Fuzzy Programming Method
2.6 Desirable Properties of the Priority Vector
2.7 Alternative Approach to Derivation of the Priority Vector
2.7.1 (Problem 0)
2.7.2 Transformation to (Problem ε)
2.7.3 Solving (Problem ε)
2.7.4 Illustrative Example
2.8 Additive Pairwise Comparison Matrices
2.8.1 Deriving Priority Vector from Additive PCM
2.9 Fuzzy Pairwise Comparison Matrices
2.9.1 Some Relations Between Fuzzy Pairwise Comparison Matrices
2.9.2 Methods for Deriving Priorities from PCF Matrices
2.10 Conclusion
References
3 Pairwise Comparisons Matrices on Alo-Groups in Decision-Making
3.1 Unified Framework for Pairwise Comparisons Matrices over ALO-Groups
3.1.1 Introduction
3.1.2 Continuous Alo-Groups over a Real Interval
3.1.3 Pairwise Comparison Matrices over a Divisible Alo-Group
3.2 Desirable Properties of the Priority Vector
3.3 Deriving Priority Vector by Solving an Optimization Problem
3.3.1 Transformation to (-Problem ε)
3.3.2 Solving (-Problem ε)
3.4 Generalized Geometric Mean Method (GGMM)
3.5 Measuring Consistency of PCM in Alo-Groups
3.5.1 Multiplicative Alo-Group
3.5.2 Measuring the Inconsistency of PCMs on Alo-Groups
3.6 Strong Transitive and Weak Consistent PCM
3.6.1 Special Notation
3.6.2 -Transitive PCM
3.6.3 Weak–Consistent PCM
3.6.4 Strong–Transitive PCM
3.6.5 Examples
3.7 Pairwise Comparison Matrix with Missing Elements
3.7.1 Formulation of the Problem
3.7.2 Missing Elements of Matrix
3.7.3 Problem of Missing Elements in PC Matrices Based on Optimization
3.7.4 Particular Cases of PC Matrices with Missing Elements
3.7.5 Case L={(1,2),(2,3),@汥瑀瑯步渠,(n-1,n)}
3.7.6 Case L={(1,2),(1,3),@汥瑀瑯步渠,(1,n)}
3.7.7 Incompleteness Index
3.8 Incompleteness—Conclusions
3.9 What Is the Best Evaluation Method for Pairwise Comparisons: A Case Study
3.9.1 Introduction to Case Study
3.9.2 Three Evaluation Systems
3.9.3 The Experiment
3.9.4 Results of the Experiment
3.9.5 Discussion and Conclusions
References
4 Pairwise Comparisons Matrices with Fuzzy and Intuitionistic Fuzzy Elements in Decision-Making
4.1 Introduction
4.2 Preliminaries
4.3 FPC Matrices, Reciprocity, and Consistency
4.4 Desirable Properties of the Priority Vector
4.5 Priority Vectors
4.6 Measuring Inconsistency of FPC Matrices
4.7 Pairwise Comparisons Matrices with Intuitionistic Fuzzy Elements
4.7.1 Introduction
4.7.2 Preliminaries
4.7.3 Pairwise Comparison Matrices with Elements Being Intuitionistic Fuzzy Intervals
4.7.4 IFPC Matrices, Reciprocity, and Consistency
4.7.5 Priority Vectors of IFPC Matrices
4.7.6 Measuring Inconsistency of IFPC Matrices
4.8 Conclusion
References
5 Stochastic Approaches to Pairwise Comparisons Matrices in Decision-Making
5.1 Introduction
5.2 Basic Models
5.3 Linear Models
5.3.1 Thurstone–Mosteller Model
5.3.2 Bradley–Terry Model
5.3.3 Logarithmic Least Squares and the Normal Distribution
5.4 Direct Approaches
5.4.1 The Kullback–Leibler Distance
5.5 Conclusion
References
Part II Pairwise Comparisons Method—Applications in Decision Making
6 Applications in Decision-Making: Analytic Hierarchy Process—AHP Revisited
6.1 Introduction
6.2 Applications of AHP
6.3 Establishing Priorities
6.3.1 Normalization of Criteria
6.3.2 Basic Scale
6.3.3 Calculation of Weights from the Matrix of Pairwise Comparisons
6.3.4 Consistency of a PCM
6.4 Synthesis
6.5 Case Study: Optimal Choice of a Passenger Car
6.6 AHP Procedure: Seven Steps in Decision-Making
6.7 Case Study: Optimal Choice of a Passenger Car—Continuation from Sect.6.5
References
7 Applications in Practical Decision-Making Methods: PROMETHEE and TOPSIS
7.1 Introduction to PROMETHEE
7.2 Formulation of the Problem
7.3 Preference Functions
7.4 Case Study: Optimal Choice of Personal Computer
7.5 Introduction to TOPSIS Method
7.6 Description of the TOPSIS Method
7.7 The Algorithm
7.8 Application of TOPSIS: An Example
7.9 Conclusion of Applications of PCMs in Practical Decision-Making Problems
References
Appendix Index
Index
📜 SIMILAR VOLUMES
<span>Based on the conference/workshop on Continuum Theory and Dynamical Systems held in Lafayette, Louisiana, this reference illustrates the current expansion of knowledge on the relationship between these subjects. It presents new problems in hyperspaces, induced maps, universal maps, fixed-point