Ordinal criteria in stochastic multicriteria acceptability analysis (SMAA)

Risto Lahdelma, Kaisa Miettinen*, Pekka Salminen

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

164 Citations (Scopus)

Abstract

We suggest a method for providing descriptive information about the acceptability of decision alternatives in discrete co-operative group decision-making problems. The new SMAA-O method is a variant of the stochastic multicriteria acceptability analysis (SMAA). SMAA-O is designed for problems where criteria information for some or all criteria is ordinal; that is, experts (or decision-makers) have ranked the alternatives according to each (ordinal) criterion. Considerable savings can be obtained if rank information for some or all the criteria is sufficient for making decisions without significant loss of quality. The approach is particularly useful for group decision making when the group can agree on the use of an additive decision model but only partial preference information, or none at all, is available.

Original languageEnglish
Article numberPII S0377-2217(02)00267-9
Pages (from-to)117-127
Number of pages11
JournalEuropean Journal of Operational Research
Volume147
Issue number1
DOIs
Publication statusPublished - 16 May 2003
MoE publication typeA1 Journal article-refereed

Keywords

  • Decision analysis
  • Decision support systems
  • Group decision-making
  • Multiobjective
  • Multiple criteria decision-making
  • Ordinal data

Fingerprint

Dive into the research topics of 'Ordinal criteria in stochastic multicriteria acceptability analysis (SMAA)'. Together they form a unique fingerprint.

Cite this