American Journal of Operations Research

Volume 6, Issue 4 (July 2016)

ISSN Print: 2160-8830   ISSN Online: 2160-8849

Google-based Impact Factor: 0.84  Citations  

Aggregation of Priorities in Multi-Criteria Decision Analysis (MCDA): Connecting Decision Spaces in the Cognitive Space

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DOI: 10.4236/ajor.2016.64030    2,383 Downloads   4,375 Views  Citations
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ABSTRACT

In Multi-Criteria Decision Analysis, the well-known weighted sum method for aggregating normalised relative priorities ignores the unit of scale that may vary across the criteria and thus causes rank reversals. A new aggregation rule that explicitly includes the norms of priority vectors is derived and shown as a remedy for it. An algorithmic procedure is presented to demonstrate how it can as well be used in the Analytic Hierarchy Process when norms of priority vectors are not readily available. Also, recursion relations connecting two decision spaces with added or deleted alternatives give an opportunity to extend the idea of connectivity to a new concept of cognitive space. Expanded analytic modelling embracing multiple decision spaces or scenarios may assist in detecting deficiencies in analytic models and also grasping the big picture in decision making.

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Zahir, S. (2016) Aggregation of Priorities in Multi-Criteria Decision Analysis (MCDA): Connecting Decision Spaces in the Cognitive Space. American Journal of Operations Research, 6, 317-333. doi: 10.4236/ajor.2016.64030.

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