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The SIR Methods: A Superiority and Inferiority Ranking Method for Multiple Criteria Decision Making

Author

Listed:
  • Xu, X.

Abstract

In this paper a Superiority and Inferiority Ranking (SIR) method is proposed. This new method uses two types of information, the superiority and the inferiority information, to derive two types of flows, the superiority flow and the inferiority flow, by which the set of alternatives are ranked partially or completely. Relationships between the SIR method and some of the classical MCDM methods (such as SAW, TOPSIS and PROMETHEE) are explored. It is proved that the SIR method is a significant extension of the well-known PROMETHEE method.

Suggested Citation

  • Xu, X., 1999. "The SIR Methods: A Superiority and Inferiority Ranking Method for Multiple Criteria Decision Making," Papers 99-003, Laval - Faculte des sciences de administration.
  • Handle: RePEc:fth:lavadm:99-003
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    More about this item

    Keywords

    DECISION MAKING ; INFORMATION;

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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