A generic multi-attribute analysis system

Jiménez Martín, Antonio and Ríos Insua, Sixto and Mateos Caballero, Alfonso (2006). A generic multi-attribute analysis system. "Computers & Operations Research", v. 33 (n. 4); pp. 1081-1101. ISSN 0305-0548. https://doi.org/10.1016/j.cor.2004.09.003.

Description

Title: A generic multi-attribute analysis system
Author/s:
  • Jiménez Martín, Antonio
  • Ríos Insua, Sixto
  • Mateos Caballero, Alfonso
Item Type: Article
Título de Revista/Publicación: Computers & Operations Research
Date: April 2006
ISSN: 0305-0548
Volume: 33
Subjects:
Freetext Keywords: Decision support system; Additive multiattribute utility function; Incomplete information; Monte Carlo simulation techniques
Faculty: Facultad de Informática (UPM)
Department: Inteligencia Artificial
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

This paper describes a generic decision support system based on an additive multiattribute utility model that is intended to allay many of the operational difficulties involved in the multicriteria decision-making process. The system accounts for uncertainty about the alternative consequences and admits incomplete information about the decision-makers’ preferences, which leads to classes of utility functions and weight intervals. The additive model is used to assess, on the one hand, average overall utilities, on which the ranking of alternatives is based and, on the other, minimum and maximum overall utilities, which give further insight into the robustness of this ranking. When the information obtained is not meaningful enough so as to definitively recommend an alternative, an iteration process can be carried out by tightening the imprecise parameters and assessing the non-dominated and potentially optimal alternatives or using Monte Carlo simulation techniques to determine useful information about dominance among the alternatives.

More information

Item ID: 53452
DC Identifier: http://oa.upm.es/53452/
OAI Identifier: oai:oa.upm.es:53452
DOI: 10.1016/j.cor.2004.09.003
Official URL: https://www.sciencedirect.com/science/article/pii/S0305054804002266?via%3Dihub
Deposited by: Memoria Investigacion
Deposited on: 28 Jun 2019 10:15
Last Modified: 28 Jun 2019 10:15
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