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AUTHOR(S): 

Vitaly O. Groppen

 

TITLE

Application of Comparison Standards for Solving of Decision-Making Problems

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KEYWORDS

matrix of game, comparison standard, prize of game, distance in the coordinate system, guaranteeing strategies, voting processing, experts estimations, multi-criteria problem

ABSTRACT

Proposed are four decision-making technologies based on the use of comparison standards: one - for optimal strategies in cooperative n-person games determination, the second – for summarizing the results of voting, the third - for processing of experts assessments and the fourth – for the use of comparison standards to solve extreme multi-criteria problems. The first one is an alternative to the use of guaranteeing strategies whereas the second approach can be an alternative to the use of traditional technologies, selecting winner by relative or absolute majority and the third one is a further development of a method of binary comparisons. The fourth direction is the alternative to the methods of lexicographical ordering of criteria and their weighted sum. The main provisions of the proposed approach are illustrated by examples.

Cite this paper

Vitaly O. Groppen. (2016) Application of Comparison Standards for Solving of Decision-Making Problems. International Journal of Mathematical and Computational Methods, 1, 437-444