An interactive neural network-based approach for solving multiple criteria decision-making problems

An interactive neural network-based approach for solving multiple criteria decision-making problems

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Article ID: iaor20043232
Country: Netherlands
Volume: 36
Issue: 2
Start Page Number: 137
End Page Number: 146
Publication Date: Oct 2003
Journal: Decision Support Systems
Authors: ,
Keywords: decision: studies, neural networks
Abstract:

In this paper, a new approach for solving multiple critera decision-making (MCDM) problems is proposed based on Decision Neural Network (DNN). The DNN is used to capture and represent the Decision Maker's (DM's) preference. Then, with DNN, an optimization problem is solved to search for the most desirable solution. Procedures of model modification through an interactive procedure, and model optimization are also discussed. An example is given to illustrate the approach and the results is compared with the Interactive FFANN Procedure. The result shows that the DNN approach is an encouraging and robust method for solving MCDM problems.

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