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A new approach in group decision-making based on pairwise comparisons
- Source :
- Journal of International Business and Entrepreneurship Development; 2015, Vol. 8 Issue: 2 p159-165, 7p
- Publication Year :
- 2015
-
Abstract
- A review of the supplier selection literature shows that the analytic hierarchy process (AHP) method is one of the most commonly applied methods in practice. However, a major drawback in applying AHP is that the required comparisons rises quadratically with the entities to be compared. In this paper, to resolve this limitation, a new approach is proposed. In the proposed model, the following ways for deriving priorities are suggested: i) decomposition of matrix method; ii) the geometric mean method. The finding in this paper shows that decomposing matrix method results are more reliable than others.
Details
- Language :
- English
- ISSN :
- 15499324 and 17476763
- Volume :
- 8
- Issue :
- 2
- Database :
- Supplemental Index
- Journal :
- Journal of International Business and Entrepreneurship Development
- Publication Type :
- Periodical
- Accession number :
- ejs36322144
- Full Text :
- https://doi.org/10.1504/JIBED.2015.070445