Mean value and volume‐based sensitivity analysis for Olympic rankings

Mean value and volume‐based sensitivity analysis for Olympic rankings

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Article ID: iaor20119349
Volume: 216
Issue: 1
Start Page Number: 232
End Page Number: 238
Publication Date: Jan 2012
Journal: European Journal of Operational Research
Authors:
Keywords: decision theory: multiple criteria
Abstract:

This article describes two methods of creating Olympic rankings based on number of medals won. One method is based on the weighted mean value, which we will show is equivalent to the compromise programming known in Multi‐Criteria Decision Analysis (MCDM). The other method uses volume‐based sensitivity analysis. Both methods presented in this paper can also be used to construct rankings that include more than just the three top positions.

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