Using a benchmark in case-based multiple-criteria ranking

Authors:
Ye Chen;D. Marc Kilgour;Keith W. Hipel
Affiliations:
College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, Jiangsu, China;Department of Mathematics, Laurier Centre for Military Strategic and Disarmament Studies, Wilfrid Laurier University, Waterloo, ON, Canada and University of Waterloo, Waterloo, ON, Canada;Department of Systems Design Engineering, University of Waterloo, Waterloo, ON, Canada
Venue:
IEEE Transactions on Systems, Man, and Cybernetics, Part A: Systems and Humans
Year:
2009

Citing 4
Cited 3

An aspiration-level interactive model for multiple criteria decision making

Computers and Operations Research - Special issue: implementing multiobjective optimization methods: behavioral and computational issues
Multiple criteria classification with an application in water resources planning

Computers and Operations Research
Clustering and group selection of multiple criteria alternatives with application to space-based networks

IEEE Transactions on Systems, Man, and Cybernetics, Part B: Cybernetics
Multiple-Criteria Sorting Using Case-Based Distance Models With an Application in Water Resources Management

IEEE Transactions on Systems, Man, and Cybernetics, Part A: Systems and Humans

An extreme-distance approach to multiple criteria ranking

Mathematical and Computer Modelling: An International Journal
Multiple stages grey target decision making method with incomplete weight based on multi-granularity linguistic label

Information Sciences: an International Journal
An Expert Panel Approach on Developing a Unified System Authentication Benchmarking Index

International Journal of Interdisciplinary Telecommunications and Networking

Quantified Score

Hi-index	0.00

Visualization

Abstract

A benchmark-based method is proposed for multiple-criteria ranking, and a case study is presented to demonstrate that the procedure can be efficient and effective in practice. Multiple-criteria ranking aims to help a decision maker (DM) assess a finite set of alternatives according to several criteria, usually conflicting, in order to rank the full set. The relation of benchmarks to multiple-criteria decision analysis is investigated systematically, and then, an approach based on distance from a benchmark is designed to incorporate information about a DM's judgements so as to produce a full ranking. The procedure is applied to rank 81 U.S. brownfield redevelopment projects based on available data and an accepted benchmark.