Welcome to the InfoSci Platform
Reference Hub17
The Analytic Network Process – Dependence and Feedback in Decision-Making: Theory and Validation Examples

The Analytic Network Process – Dependence and Feedback in Decision-Making: Theory and Validation Examples

Thomas L. Saaty
Copyright: © 2006 |Pages: 28
ISBN13: 9781591407027|ISBN10: 1591407028|ISBN13 Softcover: 9781591407034|EISBN13: 9781591407041
DOI: 10.4018/978-1-59140-702-7.ch018
Cite Chapter Cite Chapter

MLA

Saaty, Thomas L. "The Analytic Network Process – Dependence and Feedback in Decision-Making: Theory and Validation Examples." Business Applications and Computational Intelligence, edited by Kevin Voges and Nigel Pope, IGI Global, 2006, pp. 360-387. https://doi.org/10.4018/978-1-59140-702-7.ch018

APA

Saaty, T. L. (2006). The Analytic Network Process – Dependence and Feedback in Decision-Making: Theory and Validation Examples. In K. Voges & N. Pope (Eds.), Business Applications and Computational Intelligence (pp. 360-387). IGI Global. https://doi.org/10.4018/978-1-59140-702-7.ch018

Chicago

Saaty, Thomas L. "The Analytic Network Process – Dependence and Feedback in Decision-Making: Theory and Validation Examples." In Business Applications and Computational Intelligence, edited by Kevin Voges and Nigel Pope, 360-387. Hershey, PA: IGI Global, 2006. https://doi.org/10.4018/978-1-59140-702-7.ch018

Export Reference

Mendeley
Favorite

Abstract

Simple multi-criteria decisions are made by deriving priorities of importance for the criteria in terms of a goal and of the alternatives in terms of the criteria. Often one also considers benefits, opportunities, costs and risks and their synthesis in an overall outcome. The Analytic Hierarchy Process (AHP) with its independence assumptions, and its generalization to dependence among and within the clusters of a decision — the Analytic Network Process (ANP), are theories of prioritization and decision-making. Here we show how to derive priorities from pair-wise comparison judgments, give the fundamental scale for representing the judgments numerically and by way of validation illustrate its use with examples and then apply it to make a simple hierarchic decision in two ways: pair-wise comparisons of the alternatives and rating the alternatives with respect to an ideal. Network decisions are discussed and illustrated with market share examples. A mathematical appendix is also included.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.