IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v81y1995i2p281-290.html
   My bibliography  Save this article

Novel types of sensitivity analysis for additive MCDM methods

Author

Listed:
  • Wolters, W. T. M.
  • Mareschal, B.

Abstract

Three novel types of sensitivity analysis are presented. They determine the following: 1) the sensitivity of a ranking to specific changes in the evaluations of all alternatives on certain criteria; 2) the influence of specific changes in certain criterion-scores of an alternative; 3) the minimum modification of the weights required to make an alternative ranked first. The use of these instruments is demonstrated by the results of a simulation experiment. Results show that the first and second type of sensitivity analysis enable to apply multiple criteria decision making (MCDM) methods in dynamic circumstances. The third type of sensitivity analysis is demonstrated to be a tool to analyze the total weight space. © 1995.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Wolters, W. T. M. & Mareschal, B., 1995. "Novel types of sensitivity analysis for additive MCDM methods," European Journal of Operational Research, Elsevier, vol. 81(2), pages 281-290, March.
  • Handle: RePEc:eee:ejores:v:81:y:1995:i:2:p:281-290
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0377-2217(93)E0343-V
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Mareschal, Bertrand, 1988. "Weight stability intervals in multicriteria decision aid," European Journal of Operational Research, Elsevier, vol. 33(1), pages 54-64, January.
    2. Bertrand Mareschal & Jean Pierre Brans & Philippe Vincke, 1984. "Prométhée: a new family of outranking methods in multicriteria analysis," ULB Institutional Repository 2013/9305, ULB -- Universite Libre de Bruxelles.
    3. Bertrand Mareschal & Jean Pierre Brans & Philippe Vincke, 1986. "How to select and how to rank projects: the Prométhée method," ULB Institutional Repository 2013/9307, ULB -- Universite Libre de Bruxelles.
    4. Brans, J. P. & Vincke, Ph. & Mareschal, B., 1986. "How to select and how to rank projects: The method," European Journal of Operational Research, Elsevier, vol. 24(2), pages 228-238, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vetschera, Rudolf, 1996. "A recursive algorithm for volume-based sensitivity analysis of linear decision models," Discussion Papers, Series I 279, University of Konstanz, Department of Economics.
    2. Corrente, Salvatore & Figueira, José Rui & Greco, Salvatore, 2014. "The SMAA-PROMETHEE method," European Journal of Operational Research, Elsevier, vol. 239(2), pages 514-522.
    3. Ichiro Nishizaki & Hideki Katagiri & Tomohiro Hayashida, 2010. "Sensitivity analysis incorporating fuzzy evaluation for scaling constants of multiattribute utility functions," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 18(3), pages 383-396, September.
    4. Sola, Antonio Vanderley Herrero & Mota, Caroline Maria de Miranda & Kovaleski, João Luiz, 2011. "A model for improving energy efficiency in industrial motor system using multicriteria analysis," Energy Policy, Elsevier, vol. 39(6), pages 3645-3654, June.
    5. Hyungjin Shin & Gyumin Lee & Jaenam Lee & Sehoon Kim & Inhong Song, 2023. "Assessment of Agricultural Drought Vulnerability with Focus on Upland Fields and Identification of Primary Management Areas," Sustainability, MDPI, vol. 15(3), pages 1-16, February.
    6. Angilella, Silvia & Giarlotta, Alfio & Lamantia, Fabio, 2010. "A linear implementation of PACMAN," European Journal of Operational Research, Elsevier, vol. 205(2), pages 401-411, September.
    7. Orhan Emre Elma & Željko Stević & Mahmut Baydaş, 2024. "An Alternative Sensitivity Analysis for the Evaluation of MCDA Applications: The Significance of Brand Value in the Comparative Financial Performance Analysis of BIST High-End Companies," Mathematics, MDPI, vol. 12(4), pages 1-24, February.
    8. Rocco S., Claudio M. & Hernandez, Elvis, 2015. "Robustness and sensitivity analysis in multiple criteria decision problems using rule learner techniques," Reliability Engineering and System Safety, Elsevier, vol. 134(C), pages 297-304.
    9. Opricovic, Serafim & Tzeng, Gwo-Hshiung, 2007. "Extended VIKOR method in comparison with outranking methods," European Journal of Operational Research, Elsevier, vol. 178(2), pages 514-529, April.
    10. Thi Yen Pham & Gi-Tae Yeo, 2019. "Evaluation of Transshipment Container Terminals’ Service Quality in Vietnam: From the Shipping Companies’ Perspective," Sustainability, MDPI, vol. 11(5), pages 1-14, March.
    11. Ringuest, Jeffrey L., 1997. "LP-metric sensitivity analysis for single and multi-attribute decision analysis," European Journal of Operational Research, Elsevier, vol. 98(3), pages 563-570, May.
    12. Opricovic, Serafim & Tzeng, Gwo-Hshiung, 2004. "Compromise solution by MCDM methods: A comparative analysis of VIKOR and TOPSIS," European Journal of Operational Research, Elsevier, vol. 156(2), pages 445-455, July.
    13. Vincent Mousseau & Özgür Özpeynirci & Selin Özpeynirci, 2018. "Inverse multiple criteria sorting problem," Annals of Operations Research, Springer, vol. 267(1), pages 379-412, August.
    14. Agata Sielska, 2010. "Multicriteria rankings of open-end investment funds and their stability," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 20(1), pages 111-129.
    15. Alizadeh, Reza & Soltanisehat, Leili & Lund, Peter D. & Zamanisabzi, Hamed, 2020. "Improving renewable energy policy planning and decision-making through a hybrid MCDM method," Energy Policy, Elsevier, vol. 137(C).
    16. Hodgkin, Julie & Belton, Valerie & Koulouri, Anastasia, 2005. "Supporting the intelligent MCDA user: A case study in multi-person multi-criteria decision support," European Journal of Operational Research, Elsevier, vol. 160(1), pages 172-189, January.
    17. Behzadian, Majid & Kazemzadeh, R.B. & Albadvi, A. & Aghdasi, M., 2010. "PROMETHEE: A comprehensive literature review on methodologies and applications," European Journal of Operational Research, Elsevier, vol. 200(1), pages 198-215, January.
    18. Özgür Özpeynirci & Selin Özpeynirci & Vincent Mousseau, 2023. "A decomposition based minimax regret approach for inverse multiple criteria sorting problem," 4OR, Springer, vol. 21(1), pages 125-149, March.
    19. Haddad, M. & Sanders, D. & Tewkesbury, G., 2020. "Selecting a discrete multiple criteria decision making method for Boeing to rank four global market regions," Transportation Research Part A: Policy and Practice, Elsevier, vol. 134(C), pages 1-15.
    20. Vetschera, Rudolf, 2009. "Learning about preferences in electronic negotiations - A volume-based measurement method," European Journal of Operational Research, Elsevier, vol. 194(2), pages 452-463, April.
    21. Haddad, Malik & Sanders, David, 2018. "Selection of discrete multiple criteria decision making methods in the presence of risk and uncertainty," Operations Research Perspectives, Elsevier, vol. 5(C), pages 357-370.
    22. Aguaron, Juan & Moreno-Jimenez, Jose Maria, 2000. "Local stability intervals in the analytic hierarchy process," European Journal of Operational Research, Elsevier, vol. 125(1), pages 113-132, August.
    23. Ciomek, Krzysztof & Ferretti, Valentina & Kadzinski, Milosz, 2018. "Predictive analytics and disused railways requalification: insights from a Post Factum Analysis perspective," LSE Research Online Documents on Economics 85922, London School of Economics and Political Science, LSE Library.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. De Keyser, Wim & Peeters, Peter, 1996. "A note on the use of PROMETHEE multicriteria methods," European Journal of Operational Research, Elsevier, vol. 89(3), pages 457-461, March.
    2. Meløn, Mønica García & Aragonés Beltran, Pablo & Carmen González Cruz, M., 2008. "An AHP-based evaluation procedure for Innovative Educational Projects: A face-to-face vs. computer-mediated case study," Omega, Elsevier, vol. 36(5), pages 754-765, October.
    3. Miller, Michael & Mattes, Katharina, 2014. "Demonstration of a multi-criteria based decision support framework for selecting PSS to increase resource efficiency," Working Papers "Sustainability and Innovation" S11/2014, Fraunhofer Institute for Systems and Innovation Research (ISI).
    4. Mohammad Rahman & Lena Jaumann & Nils Lerche & Fabian Renatus & Ann Buchs & Rudolf Gade & Jutta Geldermann & Martin Sauter, 2015. "Selection of the Best Inland Waterway Structure: A Multicriteria Decision Analysis Approach," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(8), pages 2733-2749, June.
    5. Martina Kuncova & Jana Seknickova, 2022. "Two-stage weighted PROMETHEE II with results’ visualization," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 30(2), pages 547-571, June.
    6. Zohre Hoseinzade & Asal Zavarei & Kourosh Shirani, 2021. "Application of prediction–area plot in the assessment of MCDM methods through VIKOR, PROMETHEE II, and permutation," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 109(3), pages 2489-2507, December.
    7. Willem Brauers, 2013. "Multi-objective seaport planning by MOORA decision making," Annals of Operations Research, Springer, vol. 206(1), pages 39-58, July.
    8. Haralambopoulos, D.A. & Polatidis, H., 2003. "Renewable energy projects: structuring a multi-criteria group decision-making framework," Renewable Energy, Elsevier, vol. 28(6), pages 961-973.
    9. Maria Cunha & João Marques & Dragan Savić, 2020. "A Flexible Approach for the Reinforcement of Water Networks Using Multi-Criteria Decision Analysis," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(14), pages 4469-4490, November.
    10. Agata Sielska, 2010. "Multicriteria rankings of open-end investment funds and their stability," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 20(1), pages 111-129.
    11. Mareschal, Bertrand & Mertens, Daniel, 1993. "Évaluation financière par la méthode multicritère GAIA : application au secteur de l’assurance en Belgique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 69(1), pages 206-228, mars.
    12. Duvivier, D. & Meskens, N. & Ahues, M., 2013. "A fast multicriteria decision-making tool for industrial scheduling problems," International Journal of Production Economics, Elsevier, vol. 145(2), pages 753-760.
    13. Ayeley Tchangani, 2013. "Bipolar aggregation method for fuzzy nominal classification using Weighted Cardinal Fuzzy Measure (WCFM)," Post-Print hal-00968057, HAL.
    14. Majid Baseer & Christian Ghiaus & Roxane Viala & Ninon Gauthier & Souleymane Daniel, 2023. "pELECTRE-Tri: Probabilistic ELECTRE-Tri Method—Application for the Energy Renovation of Buildings," Energies, MDPI, vol. 16(14), pages 1-25, July.
    15. Fontana, Veronika & Ebner, Manuel & Schirpke, Uta & Ohndorf, Markus & Pritsch, Hanna & Tappeiner, Ulrike & Kurmayer, Rainer, 2023. "An integrative approach to evaluate ecosystem services of mountain lakes using multi-criteria decision analysis," Ecological Economics, Elsevier, vol. 204(PA).
    16. Shokoufeh Pourshahabi & Nasser Talebbeydokhti & Gholamreza Rakhshandehroo & Mohammad Reza Nikoo, 2018. "Spatio-Temporal Multi-Criteria Optimization of Reservoir Water Quality Monitoring Network Using Value of Information and Transinformation Entropy," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 32(10), pages 3489-3504, August.
    17. Irina Vinogradova, 2019. "Multi-Attribute Decision-Making Methods as a Part of Mathematical Optimization," Mathematics, MDPI, vol. 7(10), pages 1-21, October.
    18. Rezaei, Jafar, 2015. "Best-worst multi-criteria decision-making method," Omega, Elsevier, vol. 53(C), pages 49-57.
    19. Tsuen-Ho Hsu & Ling-Zhong Lin, 2014. "Using Fuzzy Preference Method for Group Package Tour Based on the Risk Perception," Group Decision and Negotiation, Springer, vol. 23(2), pages 299-323, March.
    20. Behzadian, Majid & Kazemzadeh, R.B. & Albadvi, A. & Aghdasi, M., 2010. "PROMETHEE: A comprehensive literature review on methodologies and applications," European Journal of Operational Research, Elsevier, vol. 200(1), pages 198-215, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:81:y:1995:i:2:p:281-290. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.