The Ideal-Degradation Procedure: Searching for Vector Equilibria
The Ideal Degradation Procedure (IDP) is designed to solve multiple criteria problems without scalarization, i. e., in the vector-maximum sense. Scalarization reduces multiple criteria into a single aggregate superfunction, thus defeating the very purpose and all advantages of explicitly considering multidimensionality. Very few OR/MS analysts would propose “collapsing” problem constraints into a single “superconstraint”. Yet, multiple criteria are being freely scalarized even when they express the same economic variables as constraints.
KeywordsMultiple Criterion Vector Optimization Vector Optimization Problem Nondominated Solution Multiple Criterion Decision
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