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 Proceedings of the YSU, Physics & Mathematics, 2018, Volume 52, Issue 2, Pages 140–143 (Mi uzeru469)

Physics

A method for multi-criteria decision making under uncertainty

A. A. Gevorgyan, H. S. Avagyan

National Polytechnic University of Armenia

Abstract: This work presents development of a method for multi-criteria decision making under uncertainty conditions based on single-attribute value functions and probabilistic distributions. The values of different criteria are modeled using normal distributions, i.e. the value of the $i$-th criteria of the $j$-th option is given by $x^j_i\sim\mathcal{N}(\mu_i^j, \sigma_i^j)$ distribution. The method is evaluated and the results are analyzed on a simple example.

Keywords: decision maker, multi-attribute value theory (MAVT), normal distribution, evaluation criteria.

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Document Type: Article
MSC: Primary 81V35; Secondary 82D75
Language: English

Citation: A. A. Gevorgyan, H. S. Avagyan, “A method for multi-criteria decision making under uncertainty”, Proceedings of the YSU, Physics & Mathematics, 52:2 (2018), 140–143

Citation in format AMSBIB
\Bibitem{GevAva18} \by A.~A.~Gevorgyan, H.~S.~Avagyan \paper A method for multi-criteria decision making under uncertainty \jour Proceedings of the YSU, Physics {\&} Mathematics \yr 2018 \vol 52 \issue 2 \pages 140--143 \mathnet{http://mi.mathnet.ru/uzeru469}