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A TYPOLOGY FOR MCDM METHODS BASED ON THE RATIONALITY OF THEIR PAIRWISE COMPARISON PROCEDURES

ABSTRACT

MCDM methods have been proposed to select, rank, classify, or describe alternatives based on the process of pairwise comparison. While the typologies of MCDM methods present in the literature usually are focused on their amalgamation phase, this paper proposes a typology for classifying MCDM methods based on the rationality of their pairwise comparison procedures. Accordingly, four discriminants were used to provide support in choosing MCDM methods based on the typology proposed. The proposed typology allows the analyst to identify the type of rationality from MCDM methods that best fits the multicriteria problem.

KEYWORDS:
multi-criteria decision-making; pairwise comparisons; rationality; elicitation

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