SMAA - Stochastic multiobjective acceptability analysis

Risto Lahdelma, Joonas Hokkanen, Pekka Salminen

Research output: Contribution to journalArticleScientificpeer-review

307 Citations (Scopus)

Abstract

Stochastic multiobjective acceptability analysis (SMAA) is a multicriteria decision support technique for multiple decision makers based on exploring the weight space.
Inaccurate or uncertain input data can be represented as probability distributions. In SMAA the decision makers need not express their preferences explicitly or implicitly; instead the technique analyses what kind of valuations would make each alternative the preferred one.
The method produces for each alternative an acceptability index measuring the variety of different valuations that support that alternative, a central weight vector representing the typical valuations resulting in that decision, and a confidence factor measuring whether the input data is accurate enough for making an informed decision.
Original languageEnglish
Pages (from-to)137-143
JournalEuropean Journal of Operational Research
Volume106
Issue number1
DOIs
Publication statusPublished - 1998
MoE publication typeA1 Journal article-refereed

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Stochastic Analysis
Probability distributions
Valuation
Alternatives
Multi-criteria
Inaccurate
Decision Support
Confidence
Probability Distribution
Express
Stochastic analysis
Acceptability
Decision maker

Cite this

Lahdelma, Risto ; Hokkanen, Joonas ; Salminen, Pekka. / SMAA - Stochastic multiobjective acceptability analysis. In: European Journal of Operational Research. 1998 ; Vol. 106, No. 1. pp. 137-143.
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SMAA - Stochastic multiobjective acceptability analysis. / Lahdelma, Risto; Hokkanen, Joonas; Salminen, Pekka.

In: European Journal of Operational Research, Vol. 106, No. 1, 1998, p. 137-143.

Research output: Contribution to journalArticleScientificpeer-review

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