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ELECTRE Methods: Main Features and Recent Developments

Greco, Salvatore; Figueira, José; Slowinski, Roman; Roy, Bernard (2010), ELECTRE Methods: Main Features and Recent Developments, in Zopounidis, Constantin; Pardalos, Panos, Handbook of Multicriteria Analysis, Springer : Berlin, p. 51-89. http://dx.doi.org/10.1007/978-3-540-92828-7_3

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CahierLamsade298.PDF (412.8Kb)
Type
Chapitre d'ouvrage
Date
2010
Book title
Handbook of Multicriteria Analysis
Book author
Zopounidis, Constantin; Pardalos, Panos
Publisher
Springer
Published in
Berlin
ISBN
978-3-540-92827-0
Pages
51-89
Publication identifier
http://dx.doi.org/10.1007/978-3-540-92828-7_3
Metadata
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Author(s)
Greco, Salvatore
Figueira, José
Slowinski, Roman
Roy, Bernard
Abstract (EN)
We present main characteristics of ELECTRE family methods, designed for multiple criteria decision aiding. These methods use as a preference model an outranking relation in the set of actions – it is constructed in result of concordance and non-discordance tests involving a specific input preference information. After a brief description of the constructivist conception in which the ELECTRE methods are inserted, we present the main features of these methods. We discuss such characteristic features as: the possibility of taking into account positive and negative reasons in the modeling of preferences, without any need for recoding the data; using of thresholds for taking into account the imperfect knowledge of data; the absence of systematic compensation between “gains” and “losses”. The main weaknesses are also presented. Then, some aspects related to new developments are outlined. These are related to some new methodological developments, new procedures, axiomatic analysis, software tools, and several other aspects. The chapter ends with conclusions.
Subjects / Keywords
ELECTRE TRI

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