Purpose Making techniques PROMETHEE, direction of research in this emerging field. Design/Methodology/Approach: literature related to MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. Literature has been segregated to understand various issues and work related to MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. A detailed review is used to sort out the literature and develop the resear...

The paper proposed a linguistic PROMETHEE approach for making investment portfolio decision. First, we both consider quantitative and qualitative information of each stock and use 2-tuple linguistic value for experts to express their opinions to obtain qualitative information with respect to all evaluation criteria. Then, the transformation method of 2-tuple linguistic variable is applied to ag...

This paper gives an overview of the PROMETHEE methodology for MCDM. It starts with general comments on Multicriterion problems, stressing that a Multicriterion problem cannot be treated without additional information related to the preferences and the priorities of the decision-makers. The information requested by PROMETHEE is particularly clear and easy to define for both decision-makers and a...

In Multi-criteria Decision Making (MCDM) problems dealing with qualitative criteria and uncertain information the use of linguistic values is suitable for the experts in order to express their judgments. It is common that the group of experts involved in such problems have different degrees of knowledge about the criteria, so we propose a multi-granular linguistic framework such that each exper...

In this paper we extend the PROMETHEE methods to the case of interacting criteria on a bipolar scale, introducing the bipolar PROMETHEE method based on the bipolar Choquet integral. In order to elicit parameters compatible with preference information provided by the Decision Maker (DM), we propose to apply the Robust Ordinal Regression (ROR). ROR takes into account simultaneously all the sets o...

Promethee II is a prominent method for multicriteria decision aid (MCDA) that builds a complete ranking on a set of potential actions by assigning each of them a so-called net flow score. However, to calculate these scores, each pair of actions has to be compared, causing the computational load to increase quadratically with the number of actions, eventually leading to prohibitive execution tim...

Abstract PROMETHEE is an important method for multi-criteria decision-making. Inspired by ensemble methods, this paper proposes an ensemble PROMETHEE II model, in which multiple preference functions are used to reduce the risk of choosing a particularly preference function. One example of competitiveness evaluation of the ports of Circum-Bohai-Sea is included to illustrate the proposed method. ...

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...

This paper discusses the strengths and weaknesses of the Preference Ranking Organisation MeTHod for Enrichment Evaluations (PROMETHEE) and analytic hierarchy process (AHP) methods. Building upon this analysis, recommendations are formulated to integrate into PROMETHEE a number of useful AHP features, especially as regards the design of the decision-making hierarchy (ordering of goals, sub-goals...