Category: Multiple-criteria decision analysis

Brown–Gibson model
The Brown–Gibson model is one of the many techniques for multi-attribute decision making. The method was developed in 1972 by P. Brown and D. Gibson. This is one of the few models which integrates bot
Dominance-based rough set approach
The dominance-based rough set approach (DRSA) is an extension of rough set theory for multi-criteria decision analysis (MCDA), introduced by Greco, Matarazzo and Słowiński. The main change compared to
ÉLECTRE
ÉLECTRE is a family of multi-criteria decision analysis (MCDA) methods that originated in Europe in the mid-1960s. The acronym ÉLECTRE stands for: ÉLimination Et Choix Traduisant la REalité ("Eliminat
VIKOR method
The VIKOR method is a multi-criteria decision making (MCDM) or multi-criteria decision analysis method. It was originally developed by Serafim Opricovic to solve decision problems with conflicting and
Interactive Decision Maps
The Interactive Decision Maps technique of multi-objective optimization is based on approximating the Edgeworth-Pareto Hull (EPH) of the feasible objective set, that is, the feasible objective set bro
TOPSIS
The Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) is a multi-criteria decision analysis method, which was originally developed by Ching-Lai Hwang and Yoon in 1981 with fur
Best worst method
Best Worst Method (BWM) is a multi-criteria decision-making (MCDM) method which was proposed by Dr. Jafar Rezaei in 2015. The method is used to evaluate a set of alternatives with respect to a set of
Evidential reasoning approach
In decision theory, the evidential reasoning approach (ER) is a generic evidence-based multi-criteria decision analysis (MCDA) approach for dealing with problems having both quantitative and qualitati
Analytic hierarchy process
In the theory of decision making, the analytic hierarchy process (AHP), also analytical hierarchy process, is a structured technique for organizing and analyzing complex decisions, based on mathematic
European Working Group on Multiple Criteria Decision Aiding
The European Working Group on Multiple Criteria Decision Aiding (also, EURO Working Group on Multicriteria Decision Aiding, EWG on Multicriteria Aid for Decisions, or EWG-MCDA) is a working group whos
Multicriteria classification
In multiple criteria decision aiding (MCDA), multicriteria classification (or sorting) involves problems where a finite set of alternative actions should be assigned into a predefined set of preferent
Decision EXpert
DEX (Decision EXpert) is a qualitative multi-criteria decision analysis (MCDA) method for decision making and is implemented in DEXi software. This method was developed by a research team led by Bohan
Measuring attractiveness by a categorical-based evaluation technique (MACBETH)
Measuring attractiveness through a categorical-based evaluation technique (MACBETH) is a multiple-criteria decision analysis (MCDA) method that evaluates options against multiple criteria. MACBETH was
N-ary Topsis
Nary TOPSIS is multi-criteria decision making method, which is built to take into consideration also preference over positive or negative ideal solution. It was developed in 2020. Original TOPSIS (Tec
Potentially all pairwise rankings of all possible alternatives
Potentially All Pairwise RanKings of all possible Alternatives (PAPRIKA) is a method for multi-criteria decision making (MCDM) or conjoint analysis, as implemented by decision-making software and conj
Weighted product model
The weighted product model (WPM) is a popular multi-criteria decision analysis (MCDA) / multi-criteria decision making (MCDM) method. It is similar to the weighted sum model (WSM). The main difference
Goal programming
Goal programming is a branch of multiobjective optimization, which in turn is a branch of multi-criteria decision analysis (MCDA). It can be thought of as an extension or generalisation of linear prog
New Approach to Appraisal
The New Approach to Appraisal (also NATA) was the name given to a multi-criteria decision framework used to appraise transport projects and proposals in the United Kingdom. NATA was built on the well
Intelligent Decision System
Intelligent Decision System (IDS) is a software package for multiple criteria decision analysis. It can handle hybrid types of uncertainty, including probability uncertainty, missing data, subjective
Fuzzy similarity based TOPSIS
The name TOPSIS is shortening from the Technique for Order Performance by Similarity to Ideal Solution. It is based on the idea of forming two ideal solutions (best possible case and worst possible ca
Decision matrix
A decision matrix is a list of values in rows and columns that allows an analyst to systematically identify, analyze, and rate the performance of relationships between sets of values and information.
Stochastic multicriteria acceptability analysis
Stochastic multicriteria acceptability analysis (SMAA) is a multiple-criteria decision analysis method for problems with missing or incomplete information.
Analytic network process
The analytic network process (ANP) is a more general form of the analytic hierarchy process (AHP) used in multi-criteria decision analysis. AHP structures a decision problem into a hierarchy with a go
Aggregated indices randomization method
In applied mathematics and decision making, the aggregated indices randomization method (AIRM) is a modification of a well-known aggregated indices method, targeting complex objects subjected to multi
Grey relational analysis
Grey relational analysis (GRA) was developed by Deng Julong of Huazhong University of Science and Technology. It is one of the most widely used models of grey system theory. GRA uses a specific concep
Multiple-criteria decision analysis
Multiple-criteria decision-making (MCDM) or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly evaluates multiple conflicting criteria in decision ma
Weighted sum model
In decision theory, the weighted sum model (WSM), also called weighted linear combination (WLC) or simple additive weighting (SAW), is the best known and simplest multi-criteria decision analysis (MCD
Similarity-based-TOPSIS
Similarity based TOPSIS is a multi-criteria decision-making method. The name TOPSIS is shortening from the Technique for Order Performance by Similarity to Ideal Solution. It is based on the idea of f
Multi-attribute global inference of quality
Multi-attribute global inference of quality (MAGIQ) is a multi-criteria decision analysis technique. MAGIQ is based on a hierarchical decomposition of comparison attributes and rating assignment using
Ordinal priority approach
Ordinal priority approach (OPA) is a multiple-criteria decision analysis method that aids in solving the group decision-making problems based on preference relations.
Multi-objective optimization
Multi-objective optimization (also known as multi-objective programming, vector optimization, multicriteria optimization, multiattribute optimization or Pareto optimization) is an area of multiple cri
Superiority and inferiority ranking method
The superiority and inferiority ranking method (or SIR method) is a multi-criteria decision making model (MCDA) which can handle real data and provides six different preference structures for the syst
Belief structure
A belief structure is a distributed assessment with beliefs.