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A note on using centroid weights in additive multi-criteria decision analysis

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  • Kunsch, Pierre L.
  • Ishizaka, Alessio

Abstract

In this short communication, the authors challenge the comparison experiments made by several authors regarding the performances of surrogate weights frequently used in additive multicriteria decision analysis. Statistical tests compare the rankings obtained, either with random ‘true weights’ from a given weight simplex, or with the considered surrogate techniques. It is shown that the performance ranking of the surrogate techniques entirely depends on the way the weight simplex is defined. As an example, the rank-order-centroid weights, often found in this way to be the most performant ones, are only first-ranked when a point-allocation elicitation approach is adopted.

Suggested Citation

  • Kunsch, Pierre L. & Ishizaka, Alessio, 2019. "A note on using centroid weights in additive multi-criteria decision analysis," European Journal of Operational Research, Elsevier, vol. 277(1), pages 391-393.
    • Handle: RePEc:eee:ejores:v:277:y:2019:i:1:p:391-393
    DOI: 10.1016/j.ejor.2019.02.021
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    References listed on IDEAS

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    1. Pierre L. Kunsch & Jean-Pierre Brans, 2019. "Visualising multi-criteria weight elicitation by multiple stakeholders in complex decision systems," Operational Research, Springer, vol. 19(4), pages 955-971, December.
    2. Kunsch, Pierre L. & Ishizaka, Alessio, 2018. "Multiple-criteria performance ranking based on profile distributions: An application to university research evaluations," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 154(C), pages 48-64.
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    5. J. P. Brans & Ph. Vincke, 1985. "Note---A Preference Ranking Organisation Method," Management Science, INFORMS, vol. 31(6), pages 647-656, June.
    6. Mats Danielson & Love Ekenberg, 2017. "A Robustness Study of State-of-the-Art Surrogate Weights for MCDM," Group Decision and Negotiation, Springer, vol. 26(4), pages 677-691, July.
    7. de Almeida Filho, Adiel T. & Clemente, Thárcylla R.N. & Morais, Danielle Costa & de Almeida, Adiel Teixeira, 2018. "Preference modeling experiments with surrogate weighting procedures for the PROMETHEE method," European Journal of Operational Research, Elsevier, vol. 264(2), pages 453-461.
    8. Ahn, Byeong Seok, 2017. "Approximate weighting method for multiattribute decision problems with imprecise parameters," Omega, Elsevier, vol. 72(C), pages 87-95.
    9. Ahn, Byeong Seok, 2011. "Compatible weighting method with rank order centroid: Maximum entropy ordered weighted averaging approach," European Journal of Operational Research, Elsevier, vol. 212(3), pages 552-559, August.
    10. Mats Danielson & Love Ekenberg, 2016. "The CAR Method for Using Preference Strength in Multi-criteria Decision Making," Group Decision and Negotiation, Springer, vol. 25(4), pages 775-797, July.
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    Cited by:

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