AHP based on scenarios and the optimism coefficient for new and risky projects: case of independent criteria
Helena Gaspars-Wieloch
Abstract:AHP is a well-known multi-criteria procedure which has been investigated and developed by many researchers and practitioners. Some AHP modifications are designed for decision making under uncertainty. The goal of this paper is to present a new AHP approach which can be useful in the case of uncertain one-shot decisions and independent criteria. The method proposed in the article is based on scenario planning, features characteristic for the Hurwicz rule (i.e. the use of the optimism coefficient) and on a scena… Show more
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