Article ID: | iaor20052267 |
Country: | China |
Volume: | 21 |
Issue: | 1 |
Start Page Number: | 7 |
End Page Number: | 10 |
Publication Date: | Feb 2004 |
Journal: | Journal of Chongqing Technology and Business University |
Authors: | Xu Kelong |
ELECTRE is a method of multiple attribute decision making. This paper proposes that the outranking relationship is established at some risk and this idea can be used for risky decision-making. According to the idea, this paper presents a risky decision making method based on ELECTRE and analyses the partial ordering structure that results. Finally, it gives actual examples to demonstrate the simplicity and practicality of the method proposed.