Optimistic vs Pessimistic Use of Incomplete Weights in Multiple Criteria Decision MakingOptimistic vs Pessimistic Use of Incomplete Weights in Multiple Criteria Decision Making
- Other Titles
- Optimistic vs Pessimistic Use of Incomplete Weights in Multiple Criteria Decision Making
- Authors
- 박경삼; 이평수
- Issue Date
- 2015
- Publisher
- 한국경영과학회
- Keywords
- Multiple Criteria Decision Making; Incomplete Weights; Optimistic and Pessimistic Performance Prioritization
- Citation
- MSFE, v.21, no.2, pp.9 - 11
- Indexed
- KCI
- Journal Title
- MSFE
- Volume
- 21
- Number
- 2
- Start Page
- 9
- End Page
- 11
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/94937
- DOI
- 10.7737/MSFE.2015.21.2.009
- ISSN
- 2287-2043
- Abstract
- This note is concerned with the use of incomplete weights in multiple criteria decision making. In an earlier study, an optimistic use of incomplete weights is developed to prioritize decision alternatives, which applies the most favorable set of weights to the alternative to be evaluated. In this note, we develop a method for a pessimistic use, thereby applying the least favorable weight set to the evaluated alternative. This development makes possible a more detailed prioritization of competing alternatives, and hence enhances decision-making powers.
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Collections - Korea University Business School > Department of Business Administration > 1. Journal Articles
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