The Triangle Assessment Method: A New Procedure for Eliciting Expert Judgement

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TitleThe Triangle Assessment Method: A New Procedure for Eliciting Expert Judgement
Publication TypeJournal Article
Year of Publication2017
AuthorsPérez-Rodríguez F, Rojo-Alboreca A
JournalExpert Systems with Applications
Volume72
Start Page139
Pagination150
Date Published11/2016
KeywordsAHP, Analytic Hierarchy Process, decision support systems, Group decisions, Judgements, MTC©, Triangular assessment method
Abstract

The Analytic Hierarchy Process (AHP) is one of the most widely used Multi-Criteria Decision-Making methods worldwide. As such, it is subject to criticisms that highlight some potential weaknesses. In this study, we present a new Multi-Criteria Decision-Making method denominated the “Triangular Assessment Method” (referred to by its Spanish abbreviation, MTC©). The MTC© aims to make use of the potential of AHP while avoiding some of its drawbacks. The main characteristics and advantages of the MTC© can be summarised as follows: (i) evaluation of criteria, and of the alternative options for each criterion, in trios instead of pairs; (ii) elimination of discrete scales and values involved in judgements; (iii) a substantial reduction in the number of evaluations (trios) relative to the corresponding number of pairs which would have to be considered when applying the AHP method; (iv) consistent decision-making; (v) introduction of closed cyclical series for comparing criteria and alternatives; and (vi) the introduction of opinion vectors and opinion surfaces. This new method is recommended for supporting decision-making with large numbers of subjective criteria and/or alternatives and also for group decisions where the consensus must be evaluated. The MTC© provides a different promising perspective in decision-making and could lead to new research lines in the field of information systems.

URLhttp://www.sciencedirect.com/science/article/pii/S095741741630656X
DOI10.1016/j.eswa.2016.11.021