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Cardinal and Rank Ordering of Criteria — Addressing Prescription within Weight Elicitation

Author

Listed:
  • Aron Larsson

    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, SE-164 40 Kista, Sweden†Department of Information Technology and Media, Mid Sweden University, SE-851 70 Sundsvall, Sweden)

  • Mona Riabacke

    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, SE-164 40 Kista, Sweden)

  • Mats Danielson

    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, SE-164 40 Kista, Sweden)

  • Love Ekenberg

    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, SE-164 40 Kista, Sweden)

Abstract

Weight elicitation methods in multi-criteria decision analysis (MCDA) are often cognitively demanding, require too much precision, time and effort. Some of the issues may be remedied by connecting elicitation methods to an inference engine facilitating a quick and easy method for decision-makers to use weaker input statements, yet being able to utilize these statements in a method for decision evaluation. In this paper, we propose a fast and practically useful weight elicitation method, answering to many of the requirements. The method builds on the ideas of rank-order methods, but can also take imprecise cardinal information into account. The method is subsequently employed in two real-life case studies and compared to a case where a simple ratio weight procedure using exact input statements was employed.

Suggested Citation

  • Aron Larsson & Mona Riabacke & Mats Danielson & Love Ekenberg, 2015. "Cardinal and Rank Ordering of Criteria — Addressing Prescription within Weight Elicitation," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 14(06), pages 1299-1330, November.
  • Handle: RePEc:wsi:ijitdm:v:14:y:2015:i:06:n:s021962201450059x
    DOI: 10.1142/S021962201450059X
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