Show/Hide Menu
Hide/Show Apps
anonymousUser
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Açık Bilim Politikası
Açık Bilim Politikası
Frequently Asked Questions
Frequently Asked Questions
Browse
Browse
By Issue Date
By Issue Date
Authors
Authors
Titles
Titles
Subjects
Subjects
Communities & Collections
Communities & Collections
Çok Kriterli Karar Verme Problemlerinde Fayda Fonksiyonu Ağırlıklarının Tahmin Edilmesi için Matematiksel Model Temelli bir Yöntem
Date
2018-04-01
Author
TUNCER ŞAKAR, CEREN
Yet, Barbaros
Metadata
Show full item record
This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
.
Item Usage Stats
4
views
0
downloads
A basic issue in Multiple Criteria Decision Making (MCDM) problems is to include the preferences of the decision maker (DM) in the problem solution process. Many MCDM methods assume that DM preferences can be modeled in the form of utility functions. The parameters of these functions represent varying priorities of different DMs about the problem. Several approaches in the literature assume that these parameters are already known or the DM can express them directly and correctly. The approaches developed to derive preferential parameters may require the DM to make many assessments and comparisons, and involve complex procedures. The mathematical programming-based method developed in this study estimates criteria weights in weighted sum utility functions by few preference assessments without imposing cognitive difficulty on the DM. The DM is not asked to directly evaluate criteria but to rank a limited number of alternatives in preference order. The developed approach is applied to a financial portfolio selection problem with three criteria and a university ranking problem with five criteria. For comparison, the Swing method is also applied to the same problems. The proposed method is observed to be more convenient, impose less cognitive burden and provide superior results.
Subject Keywords
Multiple criteria decision making
,
Financial portfolio selection
,
University ranking
,
Weight estimation
,
Weighted sum utility function
,
Çok kriterli karar verme
,
Finansal portfolyo seçimi
,
Üniversite sıralama
,
Ağırlık tahmini
,
Ağırlıklı toplam fayda fonksiyonu
URI
https://hdl.handle.net/11511/57536
Journal
Uludağ University Journal of The Faculty of Engineering
DOI
https://doi.org/10.17482/uumfd.346417
Collections
Graduate School of Informatics, Article