Simple procedures of choice in multicriteria problems without precise information about the alternatives’ values

The additive model of multiattribute value theory is widely used in multicriteria choice problems. But often it is not easy to obtain precise values for the scaling weights or the alternatives’ value in each function. Several decision rules which require weaker information, such as ordinal information, have been proposed to select an alternative under these circumstances. We propose new decision rules and test them using Monte-Carlo simulation, considering that there is ordinal information both on the scaling weights and on the alternatives’ values. Results show the new rules constitute a good approximation. We provide guidelines about how to use these rules in a context of selecting a subset of the most promising alternatives, considering the contradictory objectives of keeping a low number of alternatives yet not excluding the best one.