A formal approach to ranking procedures

Article type: Research Article

Authors: Soltys, Michael

Affiliations: Department of Computer Science, California State University Channel Islands, One University Drive, Camarillo, CA 93012, USA. E-mail: [email protected]

Abstract: A formal framework for ranking procedures is proposed. The case of interest is where relatively few items are to be ranked with a complex procedure and according to a large number of criteria. A typical example of this scenario is a competition where several companies bid for a contract, and where the selection of the winner is done with multiple criteria according to an intricate selection procedure. A case study of a bidding procedure is presented, and a logical theory for matrix algebra is proposed as the formal framework for working with Pairwise Comparisons.

Keywords: Ranking, pairwise comparisons, bidding

DOI: 10.3233/KES-150324

Journal: International Journal of Knowledge-based and Intelligent Engineering Systems, vol. 19, no. 4, pp. 225-234, 2015