MACBETH-An interactive path towards the construction of cardinal value functions

MACBETH-An interactive path towards the construction of cardinal value functions

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Article ID: iaor19951347
Country: United Kingdom
Volume: 1
Issue: 4
Start Page Number: 489
End Page Number: 500
Publication Date: Oct 1994
Journal: International Transactions in Operational Research
Authors: ,
Keywords: decision theory: multiple criteria
Abstract:

The application of classical models and techniques for cardinal measurement of values usually requires a person (D) to answer very difficult questions. The MACBETH approach, presented in this paper, proposes a simple questioning procedure to ‘drive’ the interactive quantification of values through pairwise verbal judgements of difference of attractiveness between valuable elements of a set A. Technically, MACBETH uses a chain of four linear programs for assigning numbers to the elements of set A based upon the qualitative judgements expressed by D and to reveal possible sources of incoherence. In practice, this information is to be used as a basis for discussion and learning. MACBETH stands for Measuring Attractiveness by a Categorical Based Evaluation TecHnique.

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