An approach to using the Analytic Hierarchy Process for solving multiple criteria decision making problems

An approach to using the Analytic Hierarchy Process for solving multiple criteria decision making problems

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Article ID: iaor1996327
Country: Netherlands
Volume: 76
Issue: 3
Start Page Number: 440
End Page Number: 454
Publication Date: Aug 1994
Journal: European Journal of Operational Research
Authors: ,
Keywords: analytic hierarchy process
Abstract:

In this paper the authors present a procedure for solving multiple criteria decision making problems. The present procedure, which is an extension of the Analytic Hierarchy Process, addresses the issue of fuzziness in the weighing information provided by the decision maker, the consequent stability of the AHP ranking of the alternatives and the sensitivity of such rankings to small perturbations. These issues are especially important when the concept of optimality incorporates parameters or weights that reflect subjective preferences. The procedure provides a consistent and systematic method for carrying out goal-seeking sensitivity analysis that caputres the decision maker’s preference structure using his/her indifference region.

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