Weighted Overlap Dominance – A procedure for interactive selection on multidimensional interval data

We present an outranking procedure that supports selection of alternatives represented by multiple attributes with interval valued data. The procedure is interactive in the sense that the decision maker directs the search for preferred alternatives by providing weights of the different attributes as well as parameters related to risk attitude and weighted dominance. The outranking relation builds on pairwise comparisons between optimistic and pessimistic weighted values as well as weighted dominance relations supported by volume based measures. The suggested procedure is referred to as the Weighted Overlap Dominance procedure (WOD).