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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
박경삼이평수
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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