In this paper a Superiority and Inferiority Ranking (SIR) method is proposed. This new method uses two types of information, the superiority and the inferiority information, to derive two types of flows, the superiority flow and the inferiority flow, by which the set of alternatives are ranked partially or completely. Relationships between the SIR method and some of the classical MCDM methods (such as SAW, TOPSIS and PROMETHEE) are explored. It is proved that the SIR method is a significant extension of the well-known PROMETHEE method.
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Paper provided by Laval - Faculte des sciences de administration in its series Papers with number
99-003.
Length: 24 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:lavadm:99-003
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Find related papers by JEL classification: D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information