Introduction
There are at least five important criteria that a reliable decision theory should satisfy. They are: (1) having the potential to cope with full fledged complexity, including scenarios, stakeholders, criteria, subcriteria and the like; (2) validation in practice through prediction of decision outcomes in complex situations; (3) measuring intangible factors along similar lines as the theory does with tangibles; (4) including the possibility to deal with dependence and feedback among the elements of the decision; and (5) allowing for group decision making within the assumptions and mathematical workings of the theory by including the power of each member of a group in a scientifically justified way and not simply through consensus or other arbitrarily chosen criteria.
The Analytic Network Process (ANP) is a new theory that extends the Analytic Hierarchy Process (AHP) to cases of dependence and feedback and generalizes on the supermatrix approach introduced by Saaty for the...
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Saaty, T.L. (2013). Analytic Network Process. In: Gass, S.I., Fu, M.C. (eds) Encyclopedia of Operations Research and Management Science. Springer, Boston, MA. https://doi.org/10.1007/978-1-4419-1153-7_32
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DOI: https://doi.org/10.1007/978-1-4419-1153-7_32
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