A Handbook on Multi-Attribute Decision-Making Methods

Cover -- Title Page -- Copyright -- Contents -- Preface -- Chapter 1 An Overview of the Art of Decision‐making -- 1.1 Introduction -- 1.2 Classification of MADM Methods -- 1.2.1 Preference Evaluation Mechanism -- 1.2.2 Attributes' Interactions -- 1.2.3 The Mathematical Nature of Attributes' Values -- 1.2.3.1 Deterministic Vs. Nondeterministic -- 1.2.3.2 Fuzzy Vs. Crisp -- 1.2.4 Number of Involved Decision‐makers -- 1.3 Brief Chronicle of MADM Methods -- 1.4 Conclusion -- References -- Chapter 2 Simple Weighting Methods: Weighted Sum and Weighted Product Methods -- 2.1 Introduction -- 2.2 The Weighted Sum Method -- 2.2.1 Step 1: Defining the Decision‐making Problem -- 2.2.2 Step 2: Normalizing the Elements of the Decision‐matrix -- 2.2.3 Step 3: Aggregating the Preference of Alternatives -- 2.3 The Weighted Product Method -- 2.4 Conclusion -- References -- Chapter 3 Analytic Hierarchy Process (AHP) -- 3.1 Introduction -- 3.2 The Hierarchical Structure -- 3.3 The Pairwise Comparison -- 3.4 Inconsistency -- 3.5 Quadruple Axioms of the AHP -- 3.6 Stepwise Description of the AHP Method -- 3.6.1 Step 1: Defining the Decision‐making Problem -- 3.6.2 Step 2: Performing the Pairwise Comparison Through the Hierarchical Structure -- 3.6.3 Step 3: Estimating the Preference Value Vectors -- 3.6.4 Step 4: Synthesizing and Computing the Overall Preference Value of Alternatives -- 3.6.5 Step 5: Evaluating the Results' Rationality and Selecting the Best Alternative -- 3.7 Conclusion -- References -- Chapter 4 Analytic Network Process (ANP) -- 4.1 Introduction -- 4.2 Network Vs. Hierarchy Structure -- 4.3 Stepwise Instruction to the ANP Method -- 4.3.1 Step 1: Defining the Decision‐making Problem -- 4.3.2 Step 2: Conducting a Pairwise Comparison of the Elements of the Decision‐making Problem -- 4.3.3 Step 3: Forming the Supermatrix.