Selecting the best statistical distribution with PROMETHEE and GAIA

Alessio Ishizaka, P. Nemery

Research output: Contribution to journalArticle

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Abstract

Three methods have previously been presented in Computer and Industrial Engineering for the selection of a statistical distribution to describe a data-set: the weighted sum model, the weighted multiplication model and data envelopment analysis. These are based on distinctive preset of parameters and result in three different rankings. In these approaches there is no interaction with the decision-maker (DM). This leads to the question: which method should a DM choose? In this paper, we adopt another approach where the DM is the central actor. Based on the multi-criteria decision aid methods, PROMETHEE and GAIA, we will show that different preference parameters (given by the DM) lead to different rankings. Finally, a group decision can be reached using its extension: PROMETHEE GDSS.
Original languageEnglish
Pages (from-to)958-969
Number of pages12
JournalComputers and Industrial Engineering
Volume61
Issue number4
DOIs
Publication statusPublished - Nov 2011

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