In this paper, a multicriterion ranking procedure based on distance between partial preorders is proposed. This method consists of two phases. In the first phase, the decision maker is asked to rank alternatives with a preorder (complete or partial) for each criterion and provide complete or partial linear information about the relative importance (weights) of the criteria. In the second phase, we introduce a distance procedure to aggregate the above individual rankings into a global ranking (a partial preorder). An algorithm for the aggregation procedure is proposed, followed a numerical illustration.
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Paper provided by Laval - Faculte des sciences de administration in its series Papers with number
99-005.
Length: 22 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:lavadm:99-005
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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