Phased multicriteria preference finding

Phased multicriteria preference finding

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Article ID: iaor20052721
Country: Netherlands
Volume: 158
Issue: 2
Start Page Number: 308
End Page Number: 318
Publication Date: Oct 2004
Journal: European Journal of Operational Research
Authors:
Keywords: analytic hierarchy process
Abstract:

This paper considers the implications of a tendency of multicriteria decision-makers to use screening, ordering and choosing phases to find a preference as they reduce the set of their candidate alternatives. This corresponds with increasing levels of effort and willingness to use sophisticated cognitive processes. It suggests that appropriate corresponding types of measurement are those using attributes, utilities and relative scores of alternatives, for which standard methods are SMART, MAUT and AHP. Theory on the decision processes of the mind is incorporated, which shows how to structure criteria trees and that relatively measured weights and scores should be synthesised using a power function. Tests of revised utility and relatvie MCDM methods and of software incorporating these ideas are reviewed. They facilitate interactive refinement of scores at all points of the criteria tree and easy reduction in the number of alternatives. Two alternative screening phases are considered, one based on scoring all the attributes together, the other scoring the attributes in clusters in the structured criteria tree. Empirical tests confirm the value of the three phase approach, but leave slightly open the question about which type of first phase is preferable.

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