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Multiple criteria decision making with ordinal preferences

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F13%3A%230002164" target="_blank" >RIV/47813059:19520/13:#0002164 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Multiple criteria decision making with ordinal preferences

  • Original language description

    Multiple criteria decision making (MCDM) is an important part of everydays life as well as it is succesfully applied in many areas of human action such as management, marketing, social science, politics, etc. When preferences of a decision maker with regard to given criteria are in the form of rankings (orderings) of n alternatives from the 1st to the nth place, then it is MCDM with ordinal preferences. Although such preferences are common in many situations (rankings of enterprises, products, sportsmen, political parties, favourite meals, etc.), the theory focused mainly on a group decision making with the one overall criterion (a part of the social choice theory), and ordinal information about multiple criteria was usually converted into cardinal information by Borda-Kendall method of marks or a similar method. So far, there is no theory of MCDM with strictly ordinal preferences. Hence, the aim of the article is to propose a method for the solution of the MCDM with ordinal preference

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GA402%2F09%2F0405" target="_blank" >GA402/09/0405: Development of Non-standard Optimization Methods and their Applications in Economy and Management</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2013

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 31st International Conference Mathematical Methods in Economics 2013

  • ISBN

    978-80-87035-76-4

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    588-593

  • Publisher name

    Vysoká škola polytechnická Jihlava

  • Place of publication

    Jihlava

  • Event location

    Jihlava

  • Event date

    Sep 11, 2013

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article