Browsing by Subject "PROMETHEE"

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A Multiple Criteria Ranking Method Based on Outranking Relations: An Extension for Prospect Theory

Karasakal, Esra; Karasakal, Orhan; Hazel, Şentürk (2022)

In this study, Prospect Theory is integrated into a well-known multiple criteria ranking method, PROMETHEE. PROMETHEE considers the outranking relations among alternatives based on the preference functions. Prospect Theory ...
An approach for extending PROMETHEE to reflect choice behaviour of the decision maker

Karasakal, Esra; Karasakal, Orhan; Bozkurt, Ahmet (2019)

In this study, an approach based on PROMETHEE is developed to correctly reflect the choice behavior of the decision maker that is not explained by the utility theory. The prospect theory argues that losses have higher ...
Ranking using PROMETHEE when weights and thresholds are imprecise: a data envelopment analysis approach

Karasakal, Esra; Eryılmaz, Utkan; Karasakal, Orhan (2022)

Multicriteria decision making (MCDM) provides tools for the decision makers (DM) to solve complex problems with multiple conflicting criteria. Scalarization of criteria values requires using weights for criteria. Determining ...

Now showing items 1-3 of 3

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