Comparative-assessment of AHP and MAV in highway planning-A case-study

Comparative-assessment of AHP and MAV in highway planning-A case-study

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Article ID: iaor19952183
Country: United States
Volume: 121
Start Page Number: 191
End Page Number: 200
Publication Date: Oct 1995
Journal: Journal of Transportation Engineering (ASCE)
Authors:
Keywords: decision theory: multiple criteria, analytic hierarchy process
Abstract:

A comparative analysis is made between the analytic hierarchy process (AHP) and the multiattribute value (MAV) functions, using the MAV theory as the basis of reference, in the evaluation of transportation projects. The analysis considers three different perspectives: theoretical support, practicality, and ability to capture the decision maker’s (DM) preferences. From the theoretic-behavioural standpoint, it appears that the validity of some of the assumptions of the AHP remain to be formally established, as concluded by several researchers. Secondly, the practicality of AHP was analysed, in terms of the quantity and type of information demanded from the DM. For an even mix of ratio scale variables and non-ratio scale variables the AHP requires less information than the MAV, provided the number of alternatives is less than five Beyond this limit, the AHP requires more information than MAV. The ability to capture the decision maker’s preference structure is analysed through a case study, to which both methods were applied. In this limited test, the DMs found the MAV theory was slightly closer to thier preference structure, though they were not fully satisfied with the results of either model. In spite of this both DMs declared satisfaction with the insights they gained from the process.

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