A multiple criteria decision model with ordinal preference data

A multiple criteria decision model with ordinal preference data

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Article ID: iaor19931910
Country: Netherlands
Volume: 54
Issue: 2
Start Page Number: 191
End Page Number: 198
Publication Date: Sep 1991
Journal: European Journal of Operational Research
Authors: ,
Keywords: statistics: data envelopment analysis
Abstract:

This paper develops a model for aggregating ordinal preference rankings across multiple criteria. Criteria weights are developed as part of the optimization process. The model utilizes three levels of ordinal priorities: (1) preferences among alternatives on the basis of each criterion; (2) preferences among the criteria to reflect the importance of those criteria; and (3) preferences among the criteria which express the degree to which the respondent can clearly distinguish among the alternatives. The model is based upon a Data Envelopment Analysis structure which permits a flexible weighting mechanism for each alternative being ranked.

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