On the Similarities of Some Multi‐Criteria Decision Analysis Methods

descriptionPublicationkeyboard_double_arrow_right Article 01 May 2011 English Publisher:WileyJournal:Journal of Multi-Criteria Decision Analysis, volume 18, pages 219-230 (issn: 1057-9214, eissn: 1099-1360,

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Authors: Geldermann, Jutta; Schöbel, Anita;

doi: 10.1002/mcda.468

On the Similarities of Some Multi‐Criteria Decision Analysis Methods

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Abstract

ABSTRACTSince 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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University of Göttingen
Germany

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Wirtschaftswissenschaften

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