Abstract
This paper presents an approach for the structuring and assessing of large and complex decision problems using multi-criteria decision analysis (MCDA). The MCDA problem is structured in a decision tree and assessed using the REMBRANDT technique featuring a procedure for limiting the number of pair wise comparisons. A case study dealing with the structuring and prioritisation of projects from a large pool with limited funds is used for illustrating the approach. Finally, strengths and weaknesses in the MCDA approach are discussed and conclusions are made.
Original language | English |
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Publication date | 2010 |
Publication status | Published - 2010 |
Event | 24th European Conference on Operational Research - Lisbon, Portugal Duration: 11 Jul 2010 → 14 Jul 2010 Conference number: 24 |
Conference
Conference | 24th European Conference on Operational Research |
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Number | 24 |
Country/Territory | Portugal |
City | Lisbon |
Period | 11/07/2010 → 14/07/2010 |
Keywords
- Multi-Criteria Decision Analysis (MCDA)
- Decision Trees
- REMBRANDT