Preference ranking organization method for enrichment evaluation
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PROMETHEE & GAIA[1] are multi-criteria decision analysis methods that belong to the family of outranking relations. They both offer a descriptive and a prescriptive approach.
On the one hand, the descriptive approach, called GAIA[2], allows the decision maker to visualize his problem. As a consequence, he is able to easily identify conflicts or synergies between criteria, to categorize alternatives and to highlight interesting performances. On the other hand, the prescriptive approach, called PROMETHEE[3] (Preference Ranking Organization METHod for Enrichment Evaluation), provides the decision maker both a complete and a partial ranking of the alternatives.
The PROMETHEE method has been initiated by Professor Jean-Pierre Brans in the beginning of the eighties[4]. Over the last 30 years, a number of researchers from the CoDE-SMG laboratory of the Université Libre de Bruxelles have also contributed to the development of this methodology. Among them, one can cite Professor Philippe Vincke or Professor Bertrand Mareschal. These research topics mainly cover the creation of visualization tools, the integration of uncertainty modeling, the development of robustness and sensitivity analysis tools or the group decision making aspects.
PROMETHEE has successfully been used in a number of complex decision making problems. Nowadays, hundreds of scientific papers describe its application to numerous area[5] including finance, chemistry, environmental management, logistics ...
The PROMETHEE methods have been sequentially implemented in three main software: PROMCALC, DECISION LAB 2000 and more recently D-Sight.
References
- ^ J. Figueira, S. Greco, and M. Ehrgott (2005). Multiple Criteria Decision Analysis: State of the Art Surveys. Springer Verlag.
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: CS1 maint: multiple names: authors list (link) - ^ B. Mareschal, J.P. Brans (1988). "Geometrical representations for MCDA. the GAIA module". European Journal of Operational Research.
- ^ J.P. Brans and P. Vincke (1985). "A preference ranking organisation method: The PROMETHEE method for MCDM". Management Science.
- ^ J.P. Brans (1982). "L'ingénièrie de la décision: élaboration d'instruments d'aide à la décision. La méthode PROMETHEE". Presses de l’Université Laval.
- ^ M. Behzadian, R.B. Kazemzadeh, A. Albadvi and M. Aghdasi (2010). "ROMETHEE: A comprehensive literature review on methodologies and applications". European Journal of Operational Research.
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: CS1 maint: multiple names: authors list (link)