Abstract

Weight information of the attributes plays a pivotal role in multi-attribute decision making (MADM) problems. Oftentimes, a decision maker may try to manipulate this weight information to persuade a particular rank order of the alternatives of his/her interest. In the literature, this type of manipulation is known as strategic manipulation of the weight information. In this study, we consider the manipulation of weight information strategically in a TOPSIS MADM method under two scenarios: (1) completely unknown weight information i.e. the decision maker does not provide any weight information; (2) incomplete weight information i.e. the decision maker provides only partial preference information over the attributes. This weight manipulation problem is formulated as a mixed integer non-linear programming (MINLP) problem which is highly constrained. Therefore, for solving the MINLP model, a genetic algorithm based solution procedure is developed. A practical example is presented to illustrate the strategic manipulation procedure.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

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.