Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)

Although Multi Criteria Decision Making (MCDM) methods have been applied in numerous case studies, many companies still avoid employing these methods in making their decisions and prefer to decide intuitively. There are studies claiming that MCDM methods provide better rankings for companies than in...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Mehdi Rajabi Asadabadi, Elizabeth Chang, Morteza Saberi
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2019
Materias:	multiple criteria decision analysis ahp anp mcdm methods Engineering (General). Civil engineering (General) TA1-2040
Acceso en línea:	https://doaj.org/article/67ef754476d94ef98144fe0fbdb4a6cc
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:67ef754476d94ef98144fe0fbdb4a6cc
record_format	dspace
spelling	oai:doaj.org-article:67ef754476d94ef98144fe0fbdb4a6cc2021-11-04T15:51:56ZAre MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)2331-191610.1080/23311916.2019.1623153https://doaj.org/article/67ef754476d94ef98144fe0fbdb4a6cc2019-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311916.2019.1623153https://doaj.org/toc/2331-1916Although Multi Criteria Decision Making (MCDM) methods have been applied in numerous case studies, many companies still avoid employing these methods in making their decisions and prefer to decide intuitively. There are studies claiming that MCDM methods provide better rankings for companies than intuitive approaches. This study argues that this claim may have low validity from a company’s perspective. For this purpose, it focuses on one of the MCDM methods referred to as the Analytic Hierarchy Process (AHP) and shows that AHP is very likely to provide a ranking of options that would not be acceptable by a rational person. The main reason that many companies do not rely on current MCDM methods can be due to the fact that managers intuitively notice ranking errors. Future studies should end the promotion of outdated approaches, pay closer attention to the deficiencies of the current MCDM processes, and develop more useful methods.Mehdi Rajabi AsadabadiElizabeth ChangMorteza SaberiTaylor & Francis Grouparticlemultiple criteria decision analysisahpanpmcdm methodsEngineering (General). Civil engineering (General)TA1-2040ENCogent Engineering, Vol 6, Iss 1 (2019)
institution	DOAJ
collection	DOAJ
language	EN
topic	multiple criteria decision analysis ahp anp mcdm methods Engineering (General). Civil engineering (General) TA1-2040
spellingShingle	multiple criteria decision analysis ahp anp mcdm methods Engineering (General). Civil engineering (General) TA1-2040 Mehdi Rajabi Asadabadi Elizabeth Chang Morteza Saberi Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)
description	Although Multi Criteria Decision Making (MCDM) methods have been applied in numerous case studies, many companies still avoid employing these methods in making their decisions and prefer to decide intuitively. There are studies claiming that MCDM methods provide better rankings for companies than intuitive approaches. This study argues that this claim may have low validity from a company’s perspective. For this purpose, it focuses on one of the MCDM methods referred to as the Analytic Hierarchy Process (AHP) and shows that AHP is very likely to provide a ranking of options that would not be acceptable by a rational person. The main reason that many companies do not rely on current MCDM methods can be due to the fact that managers intuitively notice ranking errors. Future studies should end the promotion of outdated approaches, pay closer attention to the deficiencies of the current MCDM processes, and develop more useful methods.
format	article
author	Mehdi Rajabi Asadabadi Elizabeth Chang Morteza Saberi
author_facet	Mehdi Rajabi Asadabadi Elizabeth Chang Morteza Saberi
author_sort	Mehdi Rajabi Asadabadi
title	Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)
title_short	Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)
title_full	Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)
title_fullStr	Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)
title_full_unstemmed	Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)
title_sort	are mcdm methods useful? a critical review of analytic hierarchy process (ahp) and analytic network process (anp)
publisher	Taylor & Francis Group
publishDate	2019
url	https://doaj.org/article/67ef754476d94ef98144fe0fbdb4a6cc
work_keys_str_mv	AT mehdirajabiasadabadi aremcdmmethodsusefulacriticalreviewofanalytichierarchyprocessahpandanalyticnetworkprocessanp AT elizabethchang aremcdmmethodsusefulacriticalreviewofanalytichierarchyprocessahpandanalyticnetworkprocessanp AT mortezasaberi aremcdmmethodsusefulacriticalreviewofanalytichierarchyprocessahpandanalyticnetworkprocessanp
_version_	1718444653611581440

Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)

Ejemplares similares