Improving an optimization-based framework for sensitivity analysis in multi-criteria decision-making
Rios Insua, D
- Publisher: John Wiley & Sons Ltd.
The framework for sensitivity analysis in discrete multi-criteria decision analysis developed by Rios Insua and French allows simultaneous variation of all parameters and applies to many paradigms for decision analysis. However, its computational load may inhibit use, particularly in the context of a decision conference where results are required in near real time. In order to improve on the current algorithm and its implementation, we investigate, on the one hand, an opportunistic approach aimed at reducing the number of optimization problems solved in the original framework and, on the other, an alternative framework based on distance analysis. Computational results on linear and bilinear models are reported.
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