Weight generation and construction of preferences by Monte Carlo method in AHP with inconsistent interval comparison matrices
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F11%3A43899335" target="_blank" >RIV/49777513:23510/11:43899335 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Weight generation and construction of preferences by Monte Carlo method in AHP with inconsistent interval comparison matrices
Original language description
Paper presents Monte Carlo method and its numerical implementation for generation of weights and construction of preferences used in AHP to support multiple criteria decision making. However, in case of inconsistent interval comparison matrices the problem of weight generation is much more difficult. An approach based on consistency index is widely used in such case. Our procedure constructs a suitable measure of consistency as a relation between consistency index and some spectral characteristics depending on right eigenvector of comparison matrix. Using Monte Carlo method matrix samples are generated from the interval comparison matrix. The spectral-problems for such matrices are solved and the leading eigenvalues extracted. These subsequently servefor estimation of weights extremal bounds. The computer implementation is presented in detail, and numerical results discussed, too.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/LC06075" target="_blank" >LC06075: Center for Research in Economic Dynamics and Econometrics</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical Methods in Economics 2011
ISBN
978-80-7431-058-4
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
449-454
Publisher name
Professional Publishing
Place of publication
Praha
Event location
Janská Dolina, Slovakia
Event date
Sep 6, 2011
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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