Stochastic multicriteria acceptability analysis (SMAA) is a
multiple-criteria decision analysis
Multiple-criteria decision-making (MCDM) or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly evaluates multiple conflicting criteria in decision making (both in daily life and in settings ...
method for problems with missing or incomplete information.
Description
This means that criteria and preference information can be uncertain, inaccurate or partially missing. Incomplete information is represented in SMAA using suitable probability distributions. The method is based on stochastic simulation by drawing random values for criteria measurements and weights from their corresponding distributions.
SMAA can handle mixed
cardinal
Cardinal or The Cardinal may refer to:
Animals
* Cardinal (bird) or Cardinalidae, a family of North and South American birds
**''Cardinalis'', genus of cardinal in the family Cardinalidae
**''Cardinalis cardinalis'', or northern cardinal, the ...
and
ordinal information. Ordinal information is treated by a special joint distribution that preserves the ordinal information.
A survey on different variants and applications of SMAA can be found in this article.
Open source implementations of SMAA can be found at the website SMAA.fi.
References
{{Reflist
Decision analysis
Mathematical optimization
Multiple-criteria decision analysis