Fuzzy α-discounting method for multi-criteria decision-making
| Main Authors: | Atilla Karaman, Metin Dagdeviren |
|---|---|
| Format: | Article Journal |
| Terbitan: |
, 2015
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| Subjects: | |
| Online Access: |
https://zenodo.org/record/22858 |
Daftar Isi:
- The α-Discounting Method was developed to be an alternative to and extension of the Analytical Hierarchy Process (AHP) to solve multi-criteria decision-making (MCDM) problems with non-commensurable and conflicting criteria. In contrast to the AHP, this method works not only for pairwise comparisons but also for n-wise comparisons if relative importance of criteria can be expressed in a system of linear homogenous equations. This method also has a comparative advantage as it can transform those MCDM problems, classified as inconsistent by the AHP, into a consistent form. This study briefly compares the two methods and then develops the Fuzzy α-Discounting Method for Multi-Criteria Decision Making (Fα-DM MCDM). Two illustrative fuzzy MCDM problems from the literature have been solved to show how the Fα-DM MCDM works.