P. Salminen et al., COMPARING MULTICRITERIA METHODS IN THE CONTEXT OF ENVIRONMENTAL-PROBLEMS, European journal of operational research, 104(3), 1998, pp. 485-496
Citations number
15
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
The present paper gives an analysis of the use of ELECTRE III, PROMETH
EE I, II, and SMART decision-aids in the context of four different rea
l applications to environmental problems in Finland. These methods are
widely used decision-aids in the real planning processes. The purpose
of this study is to define the differences of these methods and the r
esults obtained with them, and in this way also to consider their appl
icability in aiding environmental decision-making. Furthermore, a comp
arison of the methods based on a set of randomly generated problems is
carried out. The choice in practice will not be easy; PROMETHEE does
not differ much from SMART with linear value functions, and in many ca
ses this holds for ELECTRE III, too. However, in a particular problem
the 'best alternatives' obtained with these methods may differ greatly
. Therefore, the conclusion is that it is better to use several method
s for the same problem when possible; when not, we recommend the use o
f ELECTRE III. (C) 1998 Elsevier Science B.V.