Contribution to collective works (Parts of books)
MR-Sort with Partial Information to Decide Whether to Invest in Innovation Projects
Fortemps, Philippe; Pirlot, Marc
2022In Multiple Criteria Decision Making
Peer reviewed
 

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Keywords :
Strategy and Management; Decision Sciences (miscellaneous); Management Science and Operations Research
Abstract :
[en] More often than not, writing a funding application for an innovation project requires information that is not yet available. To avoid rejecting incomplete applications a priori, we propose here a variant of the MR-Sort method for dealing with partial information. It consists of identifying the criteria whose assessment is available and those whose assessment is missing. Depending on the mindset of the decision-maker, a bipolar hierarchy of ordered classes is run through to identify the class to be recommended on the basis of the state of information. This new proposal keeps the simplicity of use and expressiveness of the original MR-Sort method. It can be applied in contexts where the information is not always initially complete and can be acquired progressively.
Disciplines :
Computer science
Author, co-author :
Fortemps, Philippe  ;  Université de Mons - UMONS
Pirlot, Marc  ;  Université de Mons - UMONS
Language :
English
Title :
MR-Sort with Partial Information to Decide Whether to Invest in Innovation Projects
Publication date :
2022
Main work title :
Multiple Criteria Decision Making
Publisher :
Springer Science and Business Media Deutschland GmbH
ISBN/EAN :
978-3-03-096318-7
978-3-03-096317-0
Peer reviewed :
Peer reviewed
Development Goals :
9. Industry, innovation and infrastructure
Research unit :
F113 - Management de l'Innovation Technologique
F151 - Mathématique et Recherche opérationnelle
Research institute :
Infortech
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since 09 January 2023

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