Csató, László ORCID: https://orcid.org/0000-0001-8705-5036 (2024) Right-left asymmetry of the eigenvector method : a simulation study. European Journal of Operational Research, 313 (2). pp. 708-717. DOI 10.1016/j.ejor.2023.09.022
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Official URL: https://doi.org/10.1016/j.ejor.2023.09.022
Abstract
The eigenvalue method, suggested by the developer of the extensively used Analytic Hierarchy Process meth- odology, exhibits right-left asymmetry: the priorities derived from the right eigenvector do not necessarily coincide with the priorities derived from the reciprocal left eigenvector. This paper offers a comprehensive numerical experiment to compare the two eigenvector-based weighting procedures and their reasonable alter- native of the row geometric mean with respect to four measures. The underlying pairwise comparison matrices are constructed randomly with different dimensions and levels of inconsistency. The disagreement between the two eigenvectors turns out to be not always a monotonic function of these important characteristics of the matrix. The ranking contradictions can affect alternatives with relatively distant priorities. The row geometric mean is found to be almost at the midpoint between the right and inverse left eigenvectors, making it a straightforward compromise between them.
Item Type: | Article |
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Series Number / Identification Number: | MTMT:34150430 |
Uncontrolled Keywords: | Decision analysis ; Analytic hierarchy process (AHP) ; Eigenvalue method ; Right-left asymmetry ; Simulation |
Divisions: | Institute of Operations and Decision Sciences |
Subjects: | Decision making Mathematics, Econometrics |
DOI: | 10.1016/j.ejor.2023.09.022 |
ID Code: | 10234 |
Deposited By: | MTMT SWORD |
Deposited On: | 25 Jul 2024 11:25 |
Last Modified: | 25 Jul 2024 11:25 |
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