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Optimistic vs Pessimistic Use of Incomplete Weights in Multiple Criteria Decision Making
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 Title & Authors
Optimistic vs Pessimistic Use of Incomplete Weights in Multiple Criteria Decision Making
Park, K. Sam; Lee, Pyoungsoo;
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 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.
 Keywords
Multiple Criteria Decision Making;Incomplete Weights;Optimistic and Pessimistic Performance Prioritization;
 Language
English
 Cited by
 References
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