The fuzzy WOD model: decision support under imprecision and relevance
Research output: Working paper › Research
This paper extends the Weighted Overlap Dominance (WOD) model (initially presented in J.L. Hougaard, K. Nielsen. Weighted Overlap Dominance - A procedure for interactive selection on multidimensional interval data. Applied Mathematical Modelling 35, 2011, 3958 - 3969), as an outranking approach for decision support and multidimensional interval analysis. First, the original approach is extended using fuzzy set theory which makes it possible to handle both non-interval and interval data. Second, we re-examine the ranking procedure based on semi-equivalence classes and suggest a new complementary ranking procedure. The new ranking procedure introduces relevance degrees for ranking the given set of alternatives. In this way, a complete methodology is presented for identifying recommended solutions that aid the decision-maker when facing a specific problem, by ranking alternatives according to their relevance under imprecise measurements.
Original language | English |
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Publisher | Department of Food and Resource Economics, University of Copenhagen |
Number of pages | 16 |
Publication status | Published - 2013 |
Series | MSAP Working Paper Series |
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Number | 04/2013 |
ID: 61139864