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A fuzzy ranking method with range reduction techniques
Authors:Li-Ching Ma  Han-Lin Li
Institution:1. Department of Information Management, National United University, No. 1, Lienda, Gongjing Village, Miaoli City, 36003, Taiwan, ROC;2. Institute of Information Management, National Chiao Tung University, 1001 Ta Hsueh Road, Hsinchu 300, Taiwan, ROC
Abstract:For ranking alternatives based on pairwise comparisons, current analytic hierarchy process (AHP) methods are difficult to use to generate useful information to assist decision makers in specifying their preferences. This study proposes a novel method incorporating fuzzy preferences and range reduction techniques. Modified from the concept of data envelopment analysis (DEA), the proposed approach is not only capable of treating incomplete preference matrices but also provides reasonable ranges to help decision makers to rank decision alternatives confidently.
Keywords:Decision analysis  Ranking  Fuzzy  Range reduction  Preference
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