Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
978584 | Physica A: Statistical Mechanics and its Applications | 2009 | 9 Pages |
Abstract
In this paper, we propose a method for a quantitative estimation of the decision maker’s knowledge in the context of the Analytic Hierarchy Process (AHP) in cases where the judgment matrix is inconsistent. We show that the matrix of deviation from the transitivity condition corresponds to the rate matrix for transaction costs in the financial market. For the quantitative estimation of the decision maker’s professionalism, we apply the Ising model and thermodynamics tools.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Anna Szczypińska, Edward W. Piotrowski,