In multi-criteria sorting methods, it is often difficult for decision makers to precisely define their preferences. It is even harder to express them into parameters values. The idea of this work is to automatically find the parameters of a sorting model using classification examples in the contexts of traditional sorting and interval sorting. Interval sorting, i.e. the possible assignment of a...

This paper introduces the interval-PROMETHEE method based on the composite weight to the decision making process of value investing. We use five performance criteria to measure the growth potential of the firms. They are represented by interval numbers from the real financial data. And the weights of the five criteria are compounded through the information entropy and the subjective method. The...

As threshold determination is arduous when using PROMETHEE (Preference Ranking Organization METHod for Enrichment Evaluations) to make decisions, this study proposes a comprehensive PROMETHEE-based group decision support covering the uncertainties of determination, risk preferences, and evaluation itself. To reduce difficulty on it explicitly offers statistical aggregation individuals’ indiffer...

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...

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 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...

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 introduces the application of the multicriteria method Promethee II to the selection of a portfolio manager. Such application involves four main steps: (1) defining the list of potential actions or solutions to the problem; (2) defining the list of relevant criteria; (3) evaluating the performance of each action based on each criterion; and (4) aggregating these performances with the...

New energy storage alternative selection is a hot research issue that involves multiple-criteria decision-making process. In view of the existing deficiencies of multiple-criteria decision-making methods, an optimized method of PROMETHEE was proposed based on interval neutrosophic sets that has the advantage in describing fuzzy decision-making information. Robustness evaluation was conducted to...