Pruning of decision alternatives in multiple criteria decision making, based on the UTA method for estimating utilities
type: Item
instance of: scholarly article
title: Pruning of decision alternatives in multiple criteria decision making, based on the UTA method for estimating utilities
zbMATH Open document ID: 0606.90069
DOI: 10.1016/0377-2217(87)90171-8
author: Theodor J. Stewart
published in: European Journal of Operational Research
publication date: 1987-01-01T00:00:00Z
review text: A new interactive method for the progressive elimination of elements from a finite set of decision alternatives is proposed. A sequence of alternatives is presented to the decision maker, who places each new alternative presented in rank order relative to the earlier alternatives evaluated. This ranking of elements in a subset of the decision space is used to eliminate other alternatives from further consideration. The approach is broadly based on the UTA method for utility assessment. The emphasis is not, however, on assessing a utility function as such; instead the class of utility functions is used to eliminate elements of the decision space, when the optimality of such elements is inconsistent with the presumed properties of the utility function and the rank orderings given. In this way, the decision maker need only evaluate a relatively small subset of the decision space, before all remaining alternatives are eliminated. The new procedure is illustrated by two numerical examples.
Mathematics Subject Classification ID: 90B50
zbMATH DE Number: 3980898
zbMATH Keywords: multiple criteria programming
zbMATH Keywords: interactive method
zbMATH Keywords: elimination of elements
zbMATH Keywords: decision alternatives
zbMATH Keywords: UTA method
zbMATH Keywords: utility assessment
describes a project that uses: UTA Plus
MaRDI profile type: Publication
full work available at URL: 0377-2217(87)90171-8
OpenAlex ID: W2019107364
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description: scientific article; zbMATH DE number 3980898