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Decision Making with the Analytic Network Process

Economic, Political, Social and Technological Applications with Benefits, Opportunities, Costs and Risks

  • Thomas L. Saaty
  • Luis G. Vargas

Part of the International Series in Operations Research & Management Science book series (ISOR, volume 95)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Thomas L. Saaty
    Pages 1-26
  3. Andrew R. Blair, Robert Nachtmann, Thomas L. Saaty, Rozann Whitaker
    Pages 27-43
  4. Michael P. Niemira, Thomas L. Saaty
    Pages 45-61
  5. Megan D. Farkasovsky, Anna Greda
    Pages 63-87
  6. Justin Emanuel, Pete Cefalu
    Pages 89-100
  7. Juan P. Alberio, Suri Mulani
    Pages 101-127
  8. Philip Rackliffe, Paul Thompson
    Pages 129-144
  9. Jose D. Figueroa, Daryl R. Wood
    Pages 145-171
  10. Valorie Checque, Larry E. Nolph, Brian R. Patt
    Pages 173-192
  11. Wen-Lin Kung, Min-Hung Lu, Hsiao-Chi Liu
    Pages 209-224
  12. Jeff Freund, Hang-Jun Kang, Sang Soo Lee
    Pages 225-250
  13. Back Matter
    Pages 275-280

About this book

Introduction

The Analytic Network Process (ANP) developed by Thomas Saaty in his work on multicriteria decision making applies network structures with dependence and feedback to complex decision making. This book is a selection of applications of ANP to economic, social and political decisions, and also to technological design. The chapters comprise contributions of scholars, consultants and people concerned about the outcome of certain important decisions who applied the Analytic Network Process to determine the best outcome for each decision from among several potential outcomes. The ANP is a methodological tool that is helpful to organize knowledge and thinking, elicit judgments registered in both in memory and in feelings, quantify the judgments and derive priorities from them, and finally synthesize these diverse priorities into a single mathematically and logically justifiable overall outcome. In the process of deriving this outcome, the ANP also allows for the representation and synthesis of diverse opinions in the midst of discussion and debate.

The ANP offers economists a considerably different approach for dealing with economic problems than the usual quantitative models used. The ANP approach is based on absolute scales used to represent pairwise comparison judgments in the context of dominance with respect to a property shared by the homogeneous elements being compared. How much or how many times more does A dominate B with respect to property P? Actually people are able to answer this question by using words to indicate intensity of dominance that all of us are equipped biologically to do all the time (equal, moderate, strong, very strong, and extreme) whose conversion to numbers, validation and extension to inhomogeneous elements form the foundation of the AHP/ANP. Numerous applications of the ANP have been made to economic problems, among which prediction of the turn-around dates for the US economy in the early 1990’s and again in 2001 whose accuracy and validity were both confirmed later in the news. They were based on the process of comparisons of mostly intangible factors rather than on financial, employment and other data and statistics.

Keywords

Analytic Network Process Decision making Saaty Vargas economic applications linear optimization political applications science and technology social applications statistics technological applications

Authors and affiliations

  • Thomas L. Saaty
    • 1
  • Luis G. Vargas
    • 1
  1. 1.University of PittsburghPittsburghUSA

Bibliographic information

  • DOI https://doi.org/10.1007/0-387-33987-6
  • Copyright Information Springer Science+Business Media, LLC 2006
  • Publisher Name Springer, Boston, MA
  • eBook Packages Business and Economics
  • Print ISBN 978-0-387-33859-0
  • Online ISBN 978-0-387-33987-0
  • Series Print ISSN 0884-8289
  • Buy this book on publisher's site
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