A Monte Carlo study of pairwise comparison

DOI10.1016/0020-0190(95)00185-9MaRDI QIDQ1350750zbMATH OpenOpenAlexFDO

Authors Michael W. Herman, Waldemar W. Koczkodaj

Publication date 27 February 1997

Published in Information Processing Letters (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1505.01888

zbMATH Keywords

Monte Carlo methodpairwise comparisonssolution accuracyknowledge acquisitioninconsistency analysisexperts' opinions

Mathematics Subject Classification ID

Learning and adaptive systems in artificial intelligence (68T05) Knowledge representation (68T30)

Abstract: Consistent approximations obtained by geometric means ($GM$) and the principal eigenvector ($EV$), turned out to be close enough for 1,000,000 not-so-inconsistent pairwise comparisons matrices. In this respect both methods are accurate enough for most practical applications. As the enclosed Table 1 demonstrates, the biggest difference between average deviations of $GM$ and $EV$ solutions is 0.00019 for the Euclidean metric and 0.00355 for the Tchebychev metric. For practical applications, this precision is far better than expected. After all we are talking, in most cases, about relative subjective comparisons and one tenth of a percent is usually below our threshold of perception.

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Cited in

(21)

• A comparative study of the numerical scales and the prioritization methods in AHP
• Enhancing data consistency in decision matrix: adapting Hadamard model to mitigate judgment contradiction
• Base criterion method (BCM)
• EFFECTIVENESS ANALYSIS OF DERIVING PRIORITY VECTORS FROM RECIPROCAL PAIRWISE COMPARISON MATRICES
• An orthogonal basis for computing a consistent approximation to a pairwise comparison matrix
• Information concepts and pairwise comparison matrices
• Pairwise comparisons simplified
• A heuristic method to rectify intransitive judgments in pairwise comparison matrices
• A weak order solution to a group ranking and consistency-driven pairwise comparisons
• On the optimal consistent approximation to pairwise comparison matrices
• A common framework for deriving preference values from pairwise comparison matrices
• Convergence of inconsistency algorithms for the pairwise comparisons
• Fuzzy best-worst method based on triangular fuzzy numbers for multi-criteria decision-making
• A method for dealing with inconsistencies in pairwise comparisons
• Computing a consistent approximation to a generalized pairwise comparisons matrix
• On the coincidence of optimal completions for small pairwise comparison matrices with missing entries
• Multi-step ranking of alternatives in a multi-criteria and multi-expert decision making environment
• Preference elicitation from inconsistent judgments using multi-objective optimization
• Contribution of individual judgments toward inconsistency in pairwise comparisons
• A decision support model for group decision making with hesitant multiplicative preference relations
• Studying a set of properties of inconsistency indices for pairwise comparisons

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