The quality of priority ratios estimation in relation to a selected prioritization procedure and consistency measure for a Pairwise Comparison Matrix

04/06/2017
by   Paul Thaddeus Kazibudzki, et al.
0

An overview of current debates and contemporary research devoted to the modeling of decision making processes and their facilitation directs attention to the Analytic Hierarchy Process (AHP). At the core of the AHP are various prioritization procedures (PPs) and consistency measures (CMs) for a Pairwise Comparison Matrix (PCM) which, in a sense, reflects preferences of decision makers. Certainly, when judgments about these preferences are perfectly consistent (cardinally transitive), all PPs coincide and the quality of the priority ratios (PRs) estimation is exemplary. However, human judgments are very rarely consistent, thus the quality of PRs estimation may significantly vary. The scale of these variations depends on the applied PP and utilized CM for a PCM. This is why it is important to find out which PPs and which CMs for a PCM lead directly to an improvement of the PRs estimation accuracy. The main goal of this research is realized through the properly designed, coded and executed seminal and sophisticated simulation algorithms in Wolfram Mathematica 8.0. These research results convince that the embedded in the AHP and commonly applied, both genuine PP and CM for PCM may significantly deteriorate the quality of PRs estimation; however, solutions proposed in this paper can significantly improve the methodology.

READ FULL TEXT
research
10/09/2020

On the similarity between ranking vectors in the pairwise comparison method

There are many priority deriving methods for pairwise comparison matrice...
research
05/25/2015

New results on inconsistency indices and their relationship with the quality of priority vector estimation

The article is devoted to the problem of inconsistency in the pairwise c...
research
07/23/2016

A DEMATEL-Based Completion Method for Incomplete Pairwise Comparison Matrix in AHP

Pairwise comparison matrix as a crucial component of AHP, presents the p...
research
07/03/2021

Research on Metro Service Quality Improvement Schemes Considering Feasibility

It is an important management task of metro agencies to formulate reason...
research
02/16/2020

On Orthogonal Projections on the Space of Consistent Pairwise Comparisons Matrices

In this study, the orthogonalization process for different inner product...
research
10/07/2022

The incomplete Analytic Hierarchy Process and Bradley-Terry model: (in)consistency and information retrieval

Several methods of preference modeling, ranking, voting and multi-criter...
research
11/29/2016

Pareto Efficient Multi Objective Optimization for Local Tuning of Analogy Based Estimation

Analogy Based Effort Estimation (ABE) is one of the prominent methods fo...

Please sign up or login with your details

Forgot password? Click here to reset