The application of the analytic hierarchy process method with a chance of making a multi-index risk decision

The application of the analytic hierarchy process method with a chance of making a multi-index risk decision

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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: ,
Keywords: analytic hierarchy process
Abstract:

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.

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