Group decision-making within capital investment: A Fuzzy Analytic Hierarchy Process approach with developments

Yu-Cheng Tang, Malcolm J. Beynon

Research output: Contribution to journalArticle

25 Citations (Scopus)

Abstract

In this study, a Fuzzy Analytic Hierarchy Process (FAHP) of a car hire purchasing problem is undertaken, with a group of decision makers involved in the judgements made. Developments on an existing FAHP method are exposited, including the sensitivity of the results when there is variation in the degree of fuzziness associated with the decisions made. The results presented further the understanding of the degree of fuzziness employed in the analysis, which directly attempts to model the inherent uncertainty, and incompleteness, in the specific preference judgements made.

Original languageEnglish
Pages (from-to)75-96
Number of pages22
JournalInternational Journal of Operational Research
Volume4
Issue number1
DOIs
Publication statusPublished - 2009 Jan 1

Fingerprint

Process approach
Fuzzy analytic hierarchy process
Capital investment
Group decision making
Decision maker
Purchasing
Incompleteness
Car
Uncertainty

All Science Journal Classification (ASJC) codes

  • Management Science and Operations Research

Cite this

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Group decision-making within capital investment : A Fuzzy Analytic Hierarchy Process approach with developments. / Tang, Yu-Cheng; Beynon, Malcolm J.

In: International Journal of Operational Research, Vol. 4, No. 1, 01.01.2009, p. 75-96.

Research output: Contribution to journalArticle

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