Abstract
The notion of consistency is used to estimate the quality of preference knowledge and its stability for reliable evaluation of decision alternatives. It is well-known that a set of strict consistency conditions are used to keep the rationality of preference intensities between compared elements. These requirements are not achievable in the real situations when decision maker has limited rationality and partially reliable preferences. In this study, we propose an approach to deriving consistency-driven preference degrees for such kind of situations. A preference degree is described by a Z-number to reflect imprecision and partial reliability of preference knowledge. An optimization problem with Z-number valued variables is used to formulate design of consistent preferences. A real-world decision making problem is considered to illustrate application of the proposed method and conduct comparison with an existing technique.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.