Decision Making With The Analytic Hierarchy Process And The Analytic Network Process

Theory and Applications of the Analytic Network Process

The Analytic Hierarchy Process (AHP) and its generalization to dependence and feedback, the Analytic Network Process (ANP), are methods of relative measurement of tangibles and intangibles. Being able to derive such measurements is essential for making good decisions. This book is based on the Analytic Network Process and lays out a new approach for making decisions in light of their benefits, opportunities, costs and risks (BOCR) shows how to include the strategic criteria of the decision-maker that must be satisfied regardless of the particular decision being undertaken. This book includes all the important background material from the earlier book, The Analytic Network Process: Decision Making with Dependence and Feedback, published in 2001, and goes farther with new examples of estimating market share of companies based on the intangibles of customer perception, and new applications involving Benefits, Opportunities, Costs and Risks.

Decision Making with the Analytic Hierarchy Process and the Analytic Network Process

Decision Making with the Analytic Network Process

The Analytic Network Process (ANP) developed by Thomas Saaty in his work on multicriteria decision making applies network structures with dependence and feedback to complex decision making. This book is a selection of applications of ANP to economic, social and political decisions, and also to technological design. The chapters comprise contributions of scholars, consultants and people concerned about the outcome of certain important decisions who applied the Analytic Network Process to determine the best outcome for each decision from among several potential outcomes. The ANP is a methodological tool used to organize knowledge and thinking, elicit judgments registered in both in memory and in feelings, quantify the judgments and derive priorities from them, and finally synthesize these diverse priorities into a single mathematically and logically justifiable overall outcome. In deriving this outcome, the ANP also allows for the representation of diverse opinions in the midst of discussion and debate.