An interactive ranking-based multi-criteria choice algorithm with filtering: Applications to university selection

Date

2019-6

Author

Karakaya, Gülşah
Tuncer Şakar, Ceren

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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In this study, we develop an interactive algorithm to converge to the most preferred alternative of a decision maker (DM) among a set of discrete alternatives. The algorithm presents a limited number of alternatives to the DM and collects preference ranking of them iteratively. The preferences are modeled by a flexible and realistic preference function. To improve the performance, the alternatives presented are determined by a filtering method. We compare our algorithm with benchmark algorithms on numerous data sets from Quacquarelli Symonds, a higher education marketing company that reports annual rankings of universities under different categories. The results show that our algorithm outperforms the benchmark algorithms.

Subject Keywords

Multiple criteria decision making, Ranking, Interactive method, Filtering

URI

http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/1054
https://hdl.handle.net/11511/58120

Collections

Department of Economics, Article