Konrad Kulakowski Understanding the Analytic Hierarchy Process

Annotation

One of the best-known methods ofmulti-criteria decision-making is the Analytic Hierarchy Process (AHP). Thismethod provides a convenient and versatile framework for modelingmulti-criteria decision problems, evaluating alternatives, and deriving final priorities. Rather than imposing a correct decision, AHP allows the user tocreate a ranking of alternatives, then choose the one which is the best (oramong the best). At the core of AHP is a pairwise comparisons (PC) method. Thisis an old technique known in various forms since at least the Middle Ages. AHPuses and develops the PC method.The aim of Understanding the AnalyticHierarchy Process is to provide the reader with a critical guide toAHP. In this book, the AHP method is considered primarily as a mathematicaltechnique supporting the decision-making process.Key Features: Collectsthe ideas underpinning the AHP method and discusses them together with manyimprovements and extensions present in the literature. As a result, the readerwill receive a much more complete picture of the method. Aimedat theorists and advanced practitioners from a wide range of scientific fields,including the social, management, and technical sciences. Highlightsthe intuitive assumptions underlying the mathematical methods that make up AHPand the pairwise comparisons method. Providessoftware code for readers who wish to practice AHP analysis using the WolframLanguage.The erratum document for Understanding the Analytic Hierarchy Processcan be accessed here.