In this paper we study the multicriteria decision aid (MCDA) methods PROMETHEE and GAIA. The PROMETHEE method provides the decision maker with a ranking. The GAIA method provides a two dimensional representation of the decision problem based on the flows computed by the PROMETHEE method. However, a limit of the GAIA method is the loss of information by its two-dimensional projection which may l...

This paper introduces the interval-PROMETHEE method to the investment decision making of value investing. Five performance criteria are used for measuring the growth potential of firms and are represented by interval numbers based on the real financial data. The interval-PROMETHEE method is applied to rank the 20 randomly selected stocks in Shanghai Stock Exchange. The portfolio with the top 5 ...

[6] A. Valls Mateu, CLUSDM: a multiple criteria decision making method for heterogeneous data sets, Polytechnic University of Catalonia. 2002. [8] B. Roy.Critères multiples et mod´elisation des pr´ef´erences : l'apport des relations de surclassement. Revue d'Economie Politique, 1974. [10] R. Bisdorff. Electre-like clustering from a pairwise fuzzy proximity index. methods for sorting and cluster...

This paper presents a multicriteria decision model for selecting a portfolio of information system (IS) projects, which integrates strategic and organizational view within a multicriteria decision structure. The PROMETHEE V method, based on outranking relations is applied, considering the c-optimal concept in order to overcome some scaling problems found in the classical PROMETHEE V approach. T...

PROMETHEE and GAIA belong to the family of multi-criteria outranking methods. A key aspect of their successful application to real problems relies on the existence of user-friendly software implementing these approaches. Following PROMCALC and DECISION LAB 2000, D-Sight is the third generation of PROMETHEE and GAIA based applications. It offers multiple interactive and visual tools that help th...