6533b7dafe1ef96bd126e12b

RESEARCH PRODUCT

The analytic hierarchy process with stochastic judgements

Ian N. DurbachIan N. DurbachPekka SalminenRisto Lahdelma

subject

Multicriteria decisionInformation Systems and ManagementGeneral Computer ScienceAnalytic network processAnalytic hierarchy processmulticriteriaMulticriteriaManagement Science and Operations ResearchDecision analysisIndustrial and Manufacturing EngineeringConsistency (database systems)EconometricsQA MathematicsuncertaintyQAta512ta218analytic hierarchy processMathematicsta212decision analysisStochastic multicriteria acceptability analysista214Analytic hierarchy processUncertaintysimulationRange (mathematics)Modeling and SimulationPairwise comparisonSimulationDecision analysis

description

The analytic hierarchy process (AHP) is a widely-used method for multicriteria decision support based on the hierarchical decomposition of objectives, evaluation of preferences through pairwise comparisons, and a subsequent aggregation into global evaluations. The current paper integrates the AHP with stochastic multicriteria acceptability analysis (SMAA), an inverse-preference method, to allow the pairwise comparisons to be uncertain. A simulation experiment is used to assess how the consistency of judgements and the ability of the SMAA-AHP model to discern the best alternative deteriorates as uncertainty increases. Across a range of simulated problems results indicate that, according to conventional benchmarks, judgements are likely to remain consistent unless uncertainty is severe, but that the presence of uncertainty in almost any degree is sufficient to make the choice of best alternative unclear. Postprint Peer reviewed

https://doi.org/10.1016/j.ejor.2014.03.045