2000
DOI: 10.1111/j.1475-3995.2000.tb00184.x
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Decision criteria with partial information

Abstract: In this paper we use an extreme point approach to analyze some usual decision criteria for multiple attribute decision‐making problems when partial information about the importance of the attributes is available. The obtained results show that the decision criteria to be chosen depend not only on the rationality principles, but also on the structure of the information set. We apply the obtained criteria to problems where the set of actions to be evaluated are either in qualitative and/or quantitative scales.

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Cited by 37 publications
(19 citation statements)
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References 11 publications
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“…Other approaches to find the extreme points of S W have also been presented (Carrizosa et al, 1995;Mármol et al, 1998;Puerto et al, 2000;Mármol et al, 2002;Ahn, 2015).…”
Section: Ranking Candidates With Constraints On Rank Position Importancementioning
confidence: 99%
“…Other approaches to find the extreme points of S W have also been presented (Carrizosa et al, 1995;Mármol et al, 1998;Puerto et al, 2000;Mármol et al, 2002;Ahn, 2015).…”
Section: Ranking Candidates With Constraints On Rank Position Importancementioning
confidence: 99%
“…For instance, in a DMM is proposed, which derives a global dominance intensity index to rank alternatives on the basis that rank the alternatives according to them. The performance of this method was compared in with other existing approaches (surrogate weighting methods, which select a weight vector from a set of admissible weights to represent the set (Stillwell et al, 1981); modified classical decision rules (Salo and Hamalainen, 2001;Puerto et al, 2000), and the DMM proposed in (Ahn and Park, 2008)), where ordinal information represents imprecision concerning weights.…”
Section: Deriving a Ranking Of Alternatives For Each Dmmentioning
confidence: 99%
“…The use of absolute dominance values is exemplified by the modification of four classical decision rules to encompass an imprecise decision context concerning weights and component values/utilities [22,26]: the maximax, in which each alternative is rated on the basis of its maximum guaranteed value; the maximin, based on its minimum guaranteed value; the minimax regret rule, based on the maximum loss of value with respect to a better alternative; and the central value rule, based on the midpoint of the range of possible performances.…”
mentioning
confidence: 99%