Article ID Journal Published Year Pages File Type
978584 Physica A: Statistical Mechanics and its Applications 2009 9 Pages PDF
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
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