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A stochastic method for robustness analysis in sorting problems

delete2009-01-01
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PRE
AI
T
Tommi Tervonen *
J
José Rui Figueira
R
Risto Lahdelma
J
Juscelino Almeida Dias
P
Pekka Salminen
DOI:10.1016/j.ejor.2007.09.008delete
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Abstract

Abstract

En 中文
ELECTRE TRI is a multiple criteria decision aiding sorting method with a history of successful real-life applications. In ELECTRE TRI, values for certain parameters have to be provided. We propose a new method, SMAA-TRI, that is based oil stochastic multicriteria acceptability analysis (SMAA), for analyzing the stability of such parameters. The stability analysis can be used for deriving robust conclusions. SMAA-TRI allows ELECTRE TRI to be used with uncertain, arbitrarily distributed values for weights, the lambda cutting level, and profiles. The method consists of analyzing finite spaces of arbitrarily distributed parameter values. Monte Carlo simulation is applied in this in order to describe for each alternative the share of parameter values that have it assigned to different categories. We show the real-life applicability by re-analyzing a case Study in the field of risk assessment. (C) 2007 Elsevier B.V. All rights reserved.
Keywords:
MCDA
ELECTRE TRI
Robustness analysis
Monte Carlo simulation
Risk assessment
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Journal

European Journal of Operational Research cover
European Journal of Operational Research
IF:
6
Papers:
2.2W
Citations:
6.4W

Organization

U
universidade de lisboa
Scholars:
3.4W
Papers: 3.1W
Citations: 29
U
university of jyvaskyla
Scholars:
6.3K
Papers: 6.8K
Citations: 12
U
University of Turku
Scholars:
1.7W
Papers: 1.5W
Citations: 2.0W
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