PRIORITY VECTOR ESTIMATION: CONSISTENCY, COMPATIBILITY, PRECISION

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published Dec 23, 2020
Stan Lipovetsky

Abstract

Various methods of priority vector estimation are known in the Analytic Hierarchy Process (AHP). They include the classical eigenproblem method given by Thomas Saaty, developments in least squares and the multiplicative approach, robust estimation based on transformation of the pairwise ratios to the shares of preferences, and other approaches. In this paper, the priority vectors are completed with validation of data consistency, comparisons of vectors’ compatibility, and estimation of precision for matrix approximation by vectors. The numerical results for different data sizes and consistency show that the considered methods reveal useful features, are simple and convenient, and capable of facilitating practical applications of the AHP in solving various multiple-criteria decision making problems.

How to Cite

Lipovetsky, S. (2020). PRIORITY VECTOR ESTIMATION: CONSISTENCY, COMPATIBILITY, PRECISION. International Journal of the Analytic Hierarchy Process, 12(3). https://doi.org/10.13033/ijahp.v12i3.801

Downloads

Download data is not yet available.
Abstract 602 | PDF Downloads 278

##plugins.themes.bootstrap3.article.details##

Keywords

Analytic Hierarchy Process, priority vectors, Spearman’s triads, Latent Factor Analysis, Closed-Form solution

References
Garuti A. C. (2007). Measuring compatibility (closeness) in weighted environments., Proceedings of the International Symposium on the AHP, Vina del Mar, Chile, August 2– 6.

Garuti A. C. and Salomon V.A.P. (2011). Compatibility indices between priority vectors. International Journal of the Analytic Hierarchy Process, 4(2), 152-160. Doi: https://doi.org/10.13033/ijahp.v4i2.130

Lipovetsky S. (1996). The synthetic hierarchy method: an optimizing approach to obtaining priorities in the AHP. European Journal of Operational Research, 93, 550-564. Doi: https://doi.org/10.1016/0377-2217(95)00085-2

Lipovetsky S. (2009) Global priority estimation in multiperson decision making. Journal of Optimization Theory and Applications, 140, 77-91. Doi: https://doi.org/10.1007/s10957-008-9447-6

Lipovetsky S. (2013). Supermatrix’ eigenproblem and interpretation of priority vectors in Analytic Network Process. International Journal of the Analytic Hierarchy Process, 5(1), 105-113. Doi: https://doi.org/10.13033/ijahp.v5i1.132

Lipovetsky S. and Conklin W.M. (2002). Robust estimation of priorities in the AHP. European Journal of Operational Research, 137, 110-122. Doi: https://doi.org/10.1016/s0377-2217(01)00071-6

Lipovetsky S. and Conklin M. (2015). AHP priorities and Markov-Chapman-Kolmogorov steady-states probabilities. International Journal of the Analytic Hierarchy Process, 7(2), 2015, 349-363. Doi: https://doi.org/10.13033/ijahp.v7i2.243

Lipovetsky S. and Tishler A. (1999). Interval estimation of priorities in the AHP. European Journal of Operational Research, 114, 153-164. Doi: https://doi.org/10.1016/s0377-2217(98)00012-5

Lootsma F. (1993) Scale sensitivity in the multiplicative AHP and SMART. Journal of Multi-Criteria Decision Analysis, 2, 87-110. Doi: https://doi.org/10.1002/mcda.4020020205

Lootsma F. (1999). Multi-Criteria Decision Analysis via ratio and difference judgement. Dordrecht, Boston, London: Kluwer Academic Publishers. Doi: https://doi.org/10.1007/b102374

Saaty T.L. (1977). A scaling method for priorities in hierarchical structures. Journal of Mathematical Psychology, 15, 234–281. Doi: https://doi.org/10.1016/0022-2496(77)90033-5

Saaty T.L. (1980). The Analytic Hierarchy Process. New York: McGraw-Hill.

Saaty T.L. (1994) Fundamentals of decision making and priority theory with the Analytic Hierarchy Process. Pittsburgh, PA: RWS Publications.

Saaty T.L. (1996) Decision making with dependence and feedback: The Analytic Network Process. Pittsburgh, PA: RWS Publications.

Saaty T. L. (2005) Theory and applications of the Analytic Network Process: decision making with benefits, opportunities, costs, and risks. Pittsburgh, PA: RWS Publications.

Saaty T.L. and Kearns K.P. (1985). Analytical planning. New York: Pergamon Press, New York.

Saaty T.L. and Peniwati K. (2007). Group decision-making: Drawing out and reconciling differences. Pittsburgh, PA: RWS Publications.

Saaty T.L. and Vargas L.G. (1984). Comparison of eigenvalue, logarithmic least squares and least squares methods in estimating ratios. Mathematical Modelling, 5, 309-324. Doi: https://doi.org/10.1016/0270-0255(84)90008-3

Saaty T.L. and Vargas L.G. (1994). Decision making in economic, political, social and technological environment with the Analytic Hierarchy Process. Pittsburgh, PA: RWS Publications, Pittsburgh, PA.

Whitaker R. (2007). Validation examples of the Analytic Hierarchy Process and Analytic Network Process. Mathematical and Computer Modelling, 46, 840–859. Doi: https://doi.org/10.1016/j.mcm.2007.03.018
Section
Articles