Abstract
Analytical hierarchy process (AHP) is known for its great flexibility and wide applicability. Because of ease of use, AHP has been studied extensively and used in all applications related to multi-criteria decision making (MCDM) since its inception. AHP converts qualitative opinion of experts into quantitative values and generates a comparison matrix. In this paper, multiple expert judgments have been considered for development of matrices for criteria and alternatives of an investment selection problem. Experts' opinion was sought on selection of four categories of investment avenues based on five different selection criteria. We have integrated data envelopment analysis (DEA) to generate local weights of criteria and alternatives of pairwise comparison matrices using fundamental scale developed by Saaty.
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 callDisclaimer: 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.
