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Chapter 74: PROMETHEE Method of Ranking Alternatives
The PROMETHEE (Preference Ranking Organization METHod for Enrichment Evaluation), introduced in Brans et al. (1984, 1986), is a technique for the ranking of alternatives based on their values over different criteria. As an outranking technique it quantifies a ranking through the pairwise comparison (differences) between the criterion values describing the alternatives. Its introduction was to offer a means of multi-criteria decision support characterized by simplicity and clearness to the decision maker (Brans et al., 1986); it is also considered to have a transparent computational procedure (Georgopoulou et al., 1998).
These characteristics of PROMETHEE have made it a versatile technique in many areas of study, including energy management (Pohekar and Ramachandran, 2004). Developments on the original PROMETHEE include an ...