Decision criteria with partial information

Abstract

Abstract In this paper we use an extreme point approach to analyze some usual decision criteria for multiple attribute decision‐making problems when partial information about the importance of the attributes is available. The obtained results show that the decision criteria to be chosen depend not only on the rationality principles, but also on the structure of the information set. We apply the obtained criteria to problems where the set of actions to be evaluated are either in qualitative and/or quantitative scales.

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