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New indices for analysing partial ranking diagrams
Authors:M Pavan
Institution:Milano Chemometrics and QSAR Research Group, Department of Environmental Sciences, P.za Della Scienza, 1 Milano 20126, Italy
Abstract:Interest is growing in decision making strategies and several techniques are now available. The assessment of priorities is a typical premise before final decisions are taken. Total and partial order ranking (POR) strategies, which from a mathematical point of view are based on elementary methods of discrete mathematics, appear as an attractive and simple tool to asses priorities. Despite the well-known total ranking strategies, which are scalar methods combining the different criteria values into a global index which always ranks elements in an ordered sequence, the partial order ranking is a vectorial approach which recognises that not all the elements can be directly compared with all the others. In fact when many criteria are considered, contradictions in the ranking are bound to exist and the higher the number of criteria, the higher the probability that contradictions in the ranking occur. The Hasse diagram technique (HDT) is a very useful tool to perform partial order ranking. The results of the partial order ranking are visualised in a diagram, called Hasse diagram. Incomparable elements are located at the same geometrical height and as high as possible in the diagram, thus incomparable elements are arranged in levels. The quality of a ranking procedure has to be evaluated by a deep analysis and by several indices, i.e. scalar functions that describe features of an ordered set and allow comparison among different rankings. For this purpose, new indices for ranking analysis are proposed here, compared with the ones found in literature and tested on theoretical examples and on real data.
Keywords:Multicriteria decision making  Priority setting  Partial order ranking  Hasse diagrams  Ranking indices
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