Article ID: | iaor20083467 |
Country: | United Kingdom |
Volume: | 34 |
Issue: | 9 |
Start Page Number: | 2637 |
End Page Number: | 2647 |
Publication Date: | Sep 2007 |
Journal: | Computers and Operations Research |
Authors: | Stix Volker, Bernroider Edward |
Keywords: | decision theory: multiple criteria |
In this article we introduce a comprehensive yet efficient approach based on data envelopment analysis (DEA) with restricted multipliers for accountable and understandable multiple attribute decision making (MADM). Information system (IS) appraisals are motivated and used for illustrating the proposed methodology. Results show that the given DEA based approach can easily and significantly increase the information frame of the decision maker by identifying disparate rankings and by affirming the stability and validity of ranking outcomes. The given validity concept is contrary to the directions given in the main body of research and can also be used to question ranking outcomes of classic MADM methods.