ELECTRE Methods: Main Features and Recent Developments

José Rui Figueira, Salvatore Greco, Bernard Roy, Roman Slowinski

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review

Abstract

We present main characteristics of ELECTRE family methods, designed for multiple criteria decision aiding. These methods use as a preference model an outranking relation in the set of actions – it is constructed in result of concordance and non-discordance tests involving a specific input preference information. After a brief description of the constructivist conception in which the ELECTRE methods are inserted, we present the main features of these methods. We discuss such characteristic features as: the possibility of taking into account positive and negative reasons in the modeling of preferences, without any need for recoding the data; using of thresholds for taking into account the imperfect knowledge of data; the absence of systematic compensation between “gains” and “losses”. The main weaknesses are also presented. Then, some aspects related to new developments are outlined. These are related to some new methodological developments, new procedures, axiomatic analysis, software tools, and several other aspects. The chapter ends with conclusions.
Original languageEnglish
Title of host publicationHandbook of Multicriteria Analysis
PublisherSpringer
Pages51-89
ISBN (Print)978-3-540-92827-0
DOIs
Publication statusPublished - 21 Apr 2010

Publication series

NameApplied Optimization
PublisherSpringer
Volume103
ISSN (Print)1384-6485

Fingerprint

Dive into the research topics of 'ELECTRE Methods: Main Features and Recent Developments'. Together they form a unique fingerprint.

Cite this