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A new approach in group decision-making based on pairwise comparisons

Authors :
Azadfallah, Mohammad
Azizi, Majid
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