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Models, Methods, Concepts & Applications of the Analytic Hierarchy Process

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 1461435978
Category : Business & Economics
Languages : en
Pages : 342

Book Description
The Analytic Hierarchy Process (AHP) is a prominent and powerful tool for making decisions in situations involving multiple objectives. Models, Methods, Concepts and Applications of the Analytic Hierarchy Process, 2nd Edition applies the AHP in order to solve problems focused on the following three themes: economics, the social sciences, and the linking of measurement with human values. For economists, the AHP offers a substantially different approach to dealing with economic problems through ratio scales. Psychologists and political scientists can use the methodology to quantify and derive measurements for intangibles. Meanwhile researchers in the physical and engineering sciences can apply the AHP methods to help resolve the conflicts between hard measurement data and human values. Throughout the book, each of these topics is explored utilizing real life models and examples, relevant to problems in today’s society. This new edition has been updated and includes five new chapters that includes discussions of the following: - The eigenvector and why it is necessary - A summary of ongoing research in the Middle East that brings together Israeli and Palestinian scholars to develop concessions from both parties - A look at the Medicare Crisis and how AHP can be used to understand the problems and help develop ideas to solve them.

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 1461435978
Category : Business & Economics
Languages : en
Pages : 342

Book Description
The Analytic Hierarchy Process (AHP) is a prominent and powerful tool for making decisions in situations involving multiple objectives. Models, Methods, Concepts and Applications of the Analytic Hierarchy Process, 2nd Edition applies the AHP in order to solve problems focused on the following three themes: economics, the social sciences, and the linking of measurement with human values. For economists, the AHP offers a substantially different approach to dealing with economic problems through ratio scales. Psychologists and political scientists can use the methodology to quantify and derive measurements for intangibles. Meanwhile researchers in the physical and engineering sciences can apply the AHP methods to help resolve the conflicts between hard measurement data and human values. Throughout the book, each of these topics is explored utilizing real life models and examples, relevant to problems in today’s society. This new edition has been updated and includes five new chapters that includes discussions of the following: - The eigenvector and why it is necessary - A summary of ongoing research in the Middle East that brings together Israeli and Palestinian scholars to develop concessions from both parties - A look at the Medicare Crisis and how AHP can be used to understand the problems and help develop ideas to solve them.

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 146151665X
Category : Business & Economics
Languages : en
Pages : 335

Book Description
Models, Methods, Concepts and Applications of the Analytic Hierarchy Process is a volume dedicated to selected applications of the Analytic Hierarchy Process (AHP) focused on three themes: economics, the social sciences, and the linking of measurement with human values. (1) The AHP offers economists a substantially different approach to dealing with economic problems through ratio scales. The main mathematical models on which economics has based its quantitative thinking up to now are utility theory, which uses interval scales, and linear programming. We hope that the variety of examples included here can perhaps stimulate researchers in economics to try applying this new approach. (2) The second theme is concerned with the social sciences. The AHP offers psychologists and political scientists the methodology to quantify and derive measurements for intangibles. We hope that the examples included in this book will encourage them to examine the methods of AHP in terms of the problems they seek to solve. (3) The third theme is concerned with providing people in the physical and engineering sciences with a quantitative method to link hard measurement to human values. In such a process one needs to interpret what the measurements mean. A number is useless until someone understands what it means. It can have different meanings in different problems. Ten dollars are plenty to satisfy one's hunger but are useless by themselves in buying a new car. Such measurements are only indicators of the state of a system, but do not relate to the values of the human observers of that system. AHP methods can help resolve the conflicts between hard measurement data and human values.

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process

Models, Methods, Concepts & Applications of the Analytic Hierarchy Process PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 146143596X
Category : Business & Economics
Languages : en
Pages : 342

Book Description
This fully revised and updated second edition includes five new chapters addressing the nature of the eigenvector and its applications, including selected uses of the analytic hierarchy process in economic, social, political, and technological areas.

Applications and Theory of Analytic Hierarchy Process

Applications and Theory of Analytic Hierarchy Process PDF Author: Fabio De Felice
Publisher: BoD – Books on Demand
ISBN: 9535125605
Category : Business & Economics
Languages : en
Pages : 324

Book Description
The purpose of this book is to provide an introduction to the theory and applications in the field of decision making, especially focused on Analytic Hierarchy Process, a structured technique for organizing and analyzing complex decisions, based on mathematics and psychology. It was developed by Prof. Thomas L. Saaty in the 1970s and has been extensively studied and refined since then. The idea of the book is to expand the reader's consciousness to deal with problems regarding the decision making. This book presents some application examples of Analytic Hierarchy. It contains original research and application chapters from different perspectives, and covers different areas such as supply chain, environmental engineering, safety, and social issues. This book is intended to be a useful resource for anyone who deals with decision making problems.

Uses and Limitations of the AHP Method

Uses and Limitations of the AHP Method PDF Author: Nolberto Munier
Publisher: Springer Nature
ISBN: 303060392X
Category : Business & Economics
Languages : en
Pages : 143

Book Description
This book examines the Analytical Hierarchy Process (AHP) method, its varied uses, as well as its limitations for solving real-world scenarios. While the simplicity of the method compels users to find shortcuts to a real-world problem, it also leads to obtaining wrong results that do not represent reality. By alerting practitioners about the core necessities of a new scenario, this book helps solve this problem, as well as contribute to the field of Multicriteria Decision Making Method (MDCM). The authors use a demonstrative, rather than a theoretical approach, and examine 30 subjects that displays the shortcomings and drawbacks of the AHP. Each one is examined in-depth, discussed, debated and reasoned, using examples, some of them numeric. The book highlights the rationality and common sense of the subjects, and in most cases, validates the criticism by showing through numerical examples, the impossibility of the AHP method to address, let alone solve real-world projects. At the conclusion of each subject, a table is built comparing the similarities and differences between the opinions of the authors and other experts, along with the respective pros and cons.

Decision Making with the Analytic Network Process

Decision Making with the Analytic Network Process PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 1461472792
Category : Business & Economics
Languages : en
Pages : 333

Book Description
The Analytic Network Process (ANP), developed by Thomas Saaty in his work on multicriteria decision making, applies network structures with dependence and feedback to complex decision making. This new edition of Decision Making with the Analytic Network Process is a selection of the latest applications of ANP to economic, social and political decisions, and also to technological design. The ANP is a methodological tool that is helpful to organize knowledge and thinking, elicit judgments registered in both in memory and in feelings, quantify the judgments and derive priorities from them, and finally synthesize these diverse priorities into a single mathematically and logically justifiable overall outcome. In the process of deriving this outcome, the ANP also allows for the representation and synthesis of diverse opinions in the midst of discussion and debate. The book focuses on the application of the ANP in three different areas: economics, the social sciences and the linking of measurement with human values. Economists can use the ANP for an alternate approach for dealing with economic problems than the usual mathematical models on which economics bases its quantitative thinking. For psychologists, sociologists and political scientists, the ANP offers the methodology they have sought for some time to quantify and derive measurements for intangibles. Finally the book applies the ANP to provide people in the physical and engineering sciences with a quantitative method to link hard measurement to human values. In such a process, one is able to interpret the true meaning of measurements made on a uniform scale using a unit.

Multicriteria Decision Making

Multicriteria Decision Making PDF Author: Thomas L. Saaty
Publisher:
ISBN: 9780962031717
Category :
Languages : en
Pages : 479

Book Description


The Analytic Hierarchy Process in Natural Resource and Environmental Decision Making

The Analytic Hierarchy Process in Natural Resource and Environmental Decision Making PDF Author: Daniel L. Schmoldt
Publisher: Springer Science & Business Media
ISBN: 9780792370765
Category : Business & Economics
Languages : en
Pages : 330

Book Description
Decision making in land management involves preferential selection among competing alternatives. Often, such choices are difficult owing to the complexity of the decision context. Because the analytic hierarchy process (AHP, developed by Thomas Saaty in the 1970s) has been successfully applied to many complex planning, resource allocation, and priority setting problems in business, energy, health, marketing, natural resources, and transportation, more applications of the AHP in natural resources and environmental sciences are appearing regularly. This realization has prompted the authors to collect some of the important works in this area and present them as a single volume for managers and scholars. Because land management contains a somewhat unique set of features not found in other AHP application areas, such as site-specific decisions, group participation and collaboration, and incomplete scientific knowledge, this text fills a void in the literature on management science and decision analysis for forest resources.

Practical Decision Making

Practical Decision Making PDF Author: Enrique Mu
Publisher: Springer
ISBN: 3319338617
Category : Business & Economics
Languages : en
Pages : 120

Book Description
This book offers a simple introduction to the fundamentals and applications of the Analytic Hierarchy Process (AHP) without a pre-requisite for a sophisticated mathematical background. It provides a quick and intuitive understanding of the methodology using spreadsheet examples and explains in a step-by-step fashion how to use Super Decisions, a freely available software developed by the Creative Decisions Foundations. The book is intended to be a resource for decision makers with little or no exposure to the field of Operations Research (OR); however, the book can be used as a very gentle introduction to the AHP methodology and/or as an AHP hands-on supplement for standard OR textbooks. AHP is an intuitive and mathematically simple methodology in the field of multi-criteria decision making. Because of this, most AHP books assume the reader has basic OR mathematical background. However, AHP simplicity suggests that decision makers from all disciplines can take advantage of the methodology without struggling with the mathematics behind it. To fulfill this need, this book delivers a quick and practical understanding of the method that can be useful for corporate executives.

The Logic of Priorities

The Logic of Priorities PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 940173383X
Category : Business & Economics
Languages : en
Pages : 305

Book Description
This book presents applications of the Analytic Hierarchy Process developed by Thomas L. Saaty to deal with unstructured decision problems, together with case histories developed by him and in collaboration with others in areas of current societal concern. Its purpose is to provide the reader with examples of how to deal with unstructured problems, particularly ones involving socio economic and political issues with qualitative and intangible factors. These examples show how to use judgment and experience to analyze a com plex decision problem by combining its qualitative and quantitative aspects in a single framework and generating a set of priorities for alternative courses of action. The process has inherent flexibilities in structuring a problem and in taking diverse judgments from people, whether singly, in a group working together, or by questionnaire. Decisionmakers will profit from this approach. It makes accessible to them a framework for understanding the complexity of the system they are in as it impinges on the surrounding environment. To deal with complexity, we must first understand it. Systems thinking is necessary if all the important factors are to be considered. Complex systems problems can challenge and tax our logical capability to fully understand their causes and the consequences of any action we may take to solve them. Neverthe less, in time their effects on us tend to become better known than their causes.