SMAA-III A Simulation-Based Approach for Sensitivity Analysis of ELECTRE III

T. Tervonen; J. R. Figueira; R. Lahdelma; Pekka Salminen

SMAA-III A Simulation-Based Approach for Sensitivity Analysis of ELECTRE III

T. Tervonen^*, J. R. Figueira, R. Lahdelma, Pekka Salminen

^*Corresponding author for this work

Not published at Aalto University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Scientific › peer-review

Abstract

ELECTRE III is a well established multiple-criteria decision-making method with a solid track record of real-world applications. It requires precise values to be specified for the parameters and criteria measurements, which in some cases might not be available. In this paper we present a method, SMAA-III, which allows ELECTRE III to be applied with imprecise parameter values. By allowing imprecise values, the method also allows an easily applicable robustness analysis. In SMAA-III, simulation is used and descriptive measures are computed to characterize stability of the results.

Original language	English
Title of host publication	Real-Time and Deliberative Decision Making
Subtitle of host publication	Application to Emerging Stressors
Editors	Linkov, E Ferguson, VS Magar
Pages	241-253
Number of pages	13
ISBN (Electronic)	978-1-4020-9026-4
Publication status	Published - 2008
MoE publication type	A4 Article in a conference publication
Event	NATO Advanced Research Workshop - Estoril, Portugal Duration: 1 Apr 2007 → …

Publication series

Name	Nato Science for Peace and Security, Series C - Environmental Security
Publisher	SPRINGER Netherlands
Number	Part 3
ISSN (Print)	1871-4668

Workshop

Workshop	NATO Advanced Research Workshop
Abbreviated title	ARW
Country/Territory	Portugal
City	Estoril
Period	01/04/2007 → …

Keywords

MULTICRITERIA ACCEPTABILITY ANALYSIS
CRITERIA
SYSTEM

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@inproceedings{a32e12e832fb43718730f1e0254938fc,

title = "SMAA-III A Simulation-Based Approach for Sensitivity Analysis of ELECTRE III",

abstract = "ELECTRE III is a well established multiple-criteria decision-making method with a solid track record of real-world applications. It requires precise values to be specified for the parameters and criteria measurements, which in some cases might not be available. In this paper we present a method, SMAA-III, which allows ELECTRE III to be applied with imprecise parameter values. By allowing imprecise values, the method also allows an easily applicable robustness analysis. In SMAA-III, simulation is used and descriptive measures are computed to characterize stability of the results.",

keywords = "MULTICRITERIA ACCEPTABILITY ANALYSIS, CRITERIA, SYSTEM",

author = "T. Tervonen and Figueira, {J. R.} and R. Lahdelma and Pekka Salminen",

year = "2008",

language = "English",

isbn = "978-1-4020-9024-0",

series = "Nato Science for Peace and Security, Series C - Environmental Security",

publisher = "SPRINGER Netherlands",

number = "Part 3",

pages = "241--253",

editor = "Linkov and E Ferguson and VS Magar",

booktitle = "Real-Time and Deliberative Decision Making",

note = "NATO Advanced Research Workshop, ARW ; Conference date: 01-04-2007",

}

Tervonen, T, Figueira, JR, Lahdelma, R & Salminen, P 2008, SMAA-III A Simulation-Based Approach for Sensitivity Analysis of ELECTRE III. in Linkov, E Ferguson & VS Magar (eds), Real-Time and Deliberative Decision Making: Application to Emerging Stressors . Nato Science for Peace and Security, Series C - Environmental Security, no. Part 3, pp. 241-253, NATO Advanced Research Workshop, Estoril, Portugal, 01/04/2007.

SMAA-III A Simulation-Based Approach for Sensitivity Analysis of ELECTRE III. / Tervonen, T.; Figueira, J. R.; Lahdelma, R.; Salminen, Pekka.

Real-Time and Deliberative Decision Making: Application to Emerging Stressors . ed. / Linkov; E Ferguson; VS Magar. 2008. p. 241-253 (Nato Science for Peace and Security, Series C - Environmental Security; No. Part 3).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Scientific › peer-review

TY - GEN

T1 - SMAA-III A Simulation-Based Approach for Sensitivity Analysis of ELECTRE III

AU - Tervonen, T.

AU - Figueira, J. R.

AU - Lahdelma, R.

AU - Salminen, Pekka

PY - 2008

Y1 - 2008

N2 - ELECTRE III is a well established multiple-criteria decision-making method with a solid track record of real-world applications. It requires precise values to be specified for the parameters and criteria measurements, which in some cases might not be available. In this paper we present a method, SMAA-III, which allows ELECTRE III to be applied with imprecise parameter values. By allowing imprecise values, the method also allows an easily applicable robustness analysis. In SMAA-III, simulation is used and descriptive measures are computed to characterize stability of the results.

AB - ELECTRE III is a well established multiple-criteria decision-making method with a solid track record of real-world applications. It requires precise values to be specified for the parameters and criteria measurements, which in some cases might not be available. In this paper we present a method, SMAA-III, which allows ELECTRE III to be applied with imprecise parameter values. By allowing imprecise values, the method also allows an easily applicable robustness analysis. In SMAA-III, simulation is used and descriptive measures are computed to characterize stability of the results.

KW - MULTICRITERIA ACCEPTABILITY ANALYSIS

KW - CRITERIA

KW - SYSTEM

M3 - Conference contribution

SN - 978-1-4020-9024-0

T3 - Nato Science for Peace and Security, Series C - Environmental Security

SP - 241

EP - 253

BT - Real-Time and Deliberative Decision Making

A2 - Linkov, null

A2 - Ferguson, E

A2 - Magar, VS

T2 - NATO Advanced Research Workshop

Y2 - 1 April 2007

ER -

SMAA-III A Simulation-Based Approach for Sensitivity Analysis of ELECTRE III

Abstract

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Keywords

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