Observatorio de I+D+i UPM

Memorias de investigación
Book chapters:
Dominance Measuring Approach Using Stochastic Weights
Research Areas
  • Mathematics
In this paper we propose an approach to obtain a ranking of alternatives in multicriteria decision-making problems when there is imprecision concerning the alternative performances, component utility functions and weights. We assume decision maker¿s preferences are represented by an additive multi-attribute utility function, in which weights are modeled by independent normal variables, the performance in each attribute for each alternative is an interval value and classes of utility functions are available for each attribute. The approach we propose is based on dominance measures, which are computed in a similar way that when the imprecision concerning weights is modeled by uniform distributions or by an ordinal relation. In this paper we will show how the approach can be applied when the imprecision concerning weights are represented by normal distributions. Extensions to other distributions, such as truncated normal or beta, can be feasible using Monte Carlo simulation techniques.
Book Edition
Book Publishing
Book title
Uncertainty and Robustness in Planning and Decision Making
From page
To page
  • Autor: Alfonso Mateos Caballero (UPM)
  • Autor: Antonio Jimenez Martin (UPM)
  • Autor: Arminda Moreno Diaz (UPM)
  • Autor: Ernesto Aaron Aguayo Garcia (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Grupo de análisis de decisiones y estadística
S2i 2021 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)