Fuzzy logic modifications of the analytic hierarchy process (Q2364021): Difference between revisions
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Revision as of 21:28, 19 March 2024
scientific article
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English | Fuzzy logic modifications of the analytic hierarchy process |
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Fuzzy logic modifications of the analytic hierarchy process (English)
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17 July 2017
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The Analytic Hierarchy Process (AHP) is one of the key tools of strategic decision making processes, based on mathematics and psychology. Rather than prescribing a ``correct'' decision, the AHP helps decision makers to find the one that suits best their goal and their understanding of the problem. Once the hierarchy is built, the decision makers systematically evaluate its various elements by comparing them to each other two at a time, with respect to their impact on an element above them in hierarchy. The fuzzy analytic hierarchy process (FAHP) proves to be a very useful methodology for multiple criteria decision making in fuzzy environments, which has found substantial applications in recent years, and the focus of some of that modeling has been with respect to Risk Assessment (RA). In this paper three of the most influental FAHP models are described. Discussions of fuzzy logic modifications of the AHP is given under a RA-based likelihood score. The article ends with a commentary on the findings.
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analytic hierarchy process
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fuzzy logic
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fuzzy analytic hierarchy process
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risk assessment
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likelihood
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