A Relative Superiority??based Method of Multi??attribute Risk Decision Making
ZHANG Bo
LIU Fuxian
ZHANG Mingliang
Abstract：A relative superiority??based alternatives ranking method is proposed to solve the type of multi??at-tribute risk decision making problem.The comparison between two alternatives derives from the jointly function of prospects'gains/losses and risk,so the information entropy and standard deviation are intro-duced and taken as the risk measurements for the prospect,then the concept of relative superiority based on the difference of expected utility and risk measurements between the two alternatives is proposed to de-pict the relative superiority degree.And the weight vector and preference rank of all the alternatives can surface from the matrix of comprehensively relative superiority.The cases show that the proposed method is effective.
Keywords：multi??attribute risk decision makingrelative superiorityrisk measurements
Publication Date：2015-01-01
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：5( 88-92 )