F-todim: an Application of the Fuzzy Todim Method to Rental Evaluation of Residential Properties
نویسندگان
چکیده
The TODIM method, which is an acronym in Portuguese for Iterative Multi-criteria Decision Making, is one of the first Multi-Criteria Decision Making (MCDM) founded on prospect Theory. One of the strong attributes is its capacity to treat risk MCDM problems. Nevertheless, TODIM in its original formulation is not able to take into account uncertain information of the decision matrix. In order to tackle this shortcoming, the authors of this paper have recently developed the Fuzzy TODIM method, which is an extension of TODIM method to handle uncertain MCDM problems. So, it is possible to handle risk and uncertain MCDM problems. A case study illustrating the application of the method to rental evaluation of residential properties is presented.
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