2018
DOI: 10.1016/j.ejor.2017.06.033
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Efficient weight vectors from pairwise comparison matrices

Abstract: Pairwise comparison matrices are frequently applied in multi-criteria decision making. A weight vector is called efficient if no other weight vector is at least as good in approximating the elements of the pairwise comparison matrix, and strictly better in at least one position. A weight vector is weakly efficient if the pairwise ratios cannot be improved in all non-diagonal positions. We show that the principal eigenvector is always weakly efficient, but numerical examples show that it can be inefficient. The… Show more

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Cited by 47 publications
(27 citation statements)
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“…. , 1/x n−1 ), and let K P (λ) = λI+U 1 V T 1 −ee T , with U 1 and V 1 as defined by (7). Since D is invertible, every column of the one rank matrix D adj(K P (λ max ))D −1 is a Perron eigenvector of P. For Case 2, replace U 1 by U 2 and V 1 by V 2 as defined by (8).…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…. , 1/x n−1 ), and let K P (λ) = λI+U 1 V T 1 −ee T , with U 1 and V 1 as defined by (7). Since D is invertible, every column of the one rank matrix D adj(K P (λ max ))D −1 is a Perron eigenvector of P. For Case 2, replace U 1 by U 2 and V 1 by V 2 as defined by (8).…”
Section: Discussionmentioning
confidence: 99%
“…Blanquero, Carrizosa and Conde [4] developed LP models to test whether a weight vector is efficient. Bozóki and Fülöp [7] further developed the models and provided algorithms to improve an inefficient weight vector. Anholcer and Fülöp [2] devised a new algorithm to derive an efficient solution from an inconsistent PCM.…”
Section: Efficiency and Perturbed Pairwise Comparison Matricesmentioning
confidence: 99%
“…A future research approach is to supplement the AHP method with a Pareto optimality test. Bozóki and Fülöp [57] have provided the procedure for examining Pareto optimality of the weight vectors and determining the Pareto optimal vector in the case of the non-optimal weight vectors derived from pairwise comparison matrices. Likelihood of accidents [37] Likelihood of accidents Cost…”
Section: Discussionmentioning
confidence: 99%
“…A sensitivity analysis with the help of Monte Carlo Simulation is used [38][39][40]. In another integration model, the AHP method was used to integrate a model with the order of preference technique for similarity with the preference on ideal solution, in order to establish the efficiency of its methodology [41,42]. Besides, a hybrid model known as frequency ratio and a hybrid multi-criteria assessment (SMCE) were used to obtain more accurate results [43,44].…”
Section: Literature Reviewmentioning
confidence: 99%