A new model for multiple criteria decision making with ordinal rankings of criteria and alternatives

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F14%3A%230002928" target="_blank" >RIV/47813059:19520/14:#0002928 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
A new model for multiple criteria decision making with ordinal rankings of criteria and alternatives
Original language description
The aim of the paper is to propose a new model for multiple criteria decision making with ordinal rankings of criteria and alternatives. In this setting a set of alternatives is ranked from the best to the worst by a set of criteria, where also criteriaare ranked from the most important to the least important, and no cardinal information is available. The goal is to find the best alternative or the overall ranking of all alternatives respectively. This is a modification of the social choice theory setting, where different voters play the role of different criteria and it is assumed that all voters (hence criteria) have the same weight (power). The winner in the social choice theory is selected by a social choice function (procedure), which must satisfy some desirable properties, such as Pareto efficiency, monotonicity, independence of irrelevant alternatives, Arrows impossibility theorem rules out a possibility of the existence of a procedure satisfying all the important properties fo
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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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)

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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