Article ID: | iaor2002872 |
Country: | China |
Volume: | 12 |
Issue: | 3 |
Start Page Number: | 12 |
End Page Number: | 16 |
Publication Date: | Sep 2000 |
Journal: | Journal of Gansu Sciences |
Authors: | Ye Fei, Liang Ruixin |
Keywords: | analytic hierarchy process |
Traditional risk analysis refers chiefly to the choice of a single index with specified probability. Common methods are: those averages, variance, coefficient of variability and variable satisfaction. On the basis of the traditional risk decision the multi-index risk decision problem is raised and solved by applying the Analytic Hierarchy Process probabilistically. An example is cited to explain how to apply this method.