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| Author: | Cheung, Y.L. |
| Title: | Correspondence analysis as an aid to multicriteria decision making |
| Journal: | Omega
1991 : FEB-MAR, VOL. 19:3, p. 149-155 |
| Index terms: | MULTIPLE CRITERIA DECISION MAKING MULTIVARIATE ANALYSIS CORRESPONDENCE STATISTICAL METHODS |
| Language: | eng |
| Abstract: | The aim of the study is to show how the correspondence analysis, a relatively rarely used multivariate statistical technique, can be applied as an aid to multiple criteria decision making. Based on expressed pairwise indifferences, pairs of alternatives are classified into one of the three categories: "indifferent", "indifferent-indifferent" and otherwise. A coefficient of similarity is assigned to each category, and using this information, correspondence analysis is used to display these alternatives onto a map. The first principal axis of the map tends to be the axis of preference and groups of the most preferred and least preferred policies may be identified. Application of the method is further examined. |
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