Knowledge-based Consistency Index for Fuzzy Pairwise Comparison Matrices

in Knowledge-based Consistency Index for Fuzzy Pairwise Comparison Matrices (2017, July 10)

Abstract—Fuzzy AHP is today one of the most used Multiple Criteria Decision-Making (MCDM) techniques. The main argument to introduce fuzzy set theory within AHP lies in its ability to handle uncertainty ... [more ▼]

Abstract—Fuzzy AHP is today one of the most used Multiple Criteria Decision-Making (MCDM) techniques. The main argument to introduce fuzzy set theory within AHP lies in its ability to handle uncertainty and vagueness arising from decision makers (when performing pairwise comparisons between a set of criteria/alternatives). As humans usually reason with granular information rather than precise one, such pairwise comparisons may contain some degree of inconsistency that needs to be properly tackled to guarantee the relevance of the result/ranking. Over the last decades, several consistency indexes designed for fuzzy pairwise comparison matrices (FPCMs) were proposed, as will be discussed in this article. However, for some decision theory specialists, it appears that most of these indexes fail to be properly “axiomatically” founded, thus leading to misleading results. To overcome this, a new index, referred to as KCI (Knowledge-based Consistency Index) is introduced in this paper, and later compared with an existing index that is axiomatically well founded. The comparison results show that (i) both indexes perform similarly from a consistency measurement perspective, but (ii) KCI contributes to significantly reduce the computation time, which can save expert’s time in some MCDM problems. [less ▲]