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'''ELECTRE''' is a family of [[Multi-Criteria Decision Analysis]] methods that originated in [[Europe]] in the mid-1960's. The [[acronym]] ELECTRE stands for: ELimination Et Choix Traduisant la REalité (ELimination and Choice Expressing REality).
'''ELECTRE''' is a family of [[Multi-Criteria Decision Analysis]] methods that originated in [[Europe]] in the mid-1960's. The [[acronym]] ELECTRE stands for: ELimination Et Choix Traduisant la REalité (ELimination and Choice Expressing REality).


The method was first proposed by Bernard Roy and his colleagues at SEMA consultancy company. A team at SEMA was working on the concrete, multiple criteria, real-world problem of how firms could decide on new activities and had encountered problems using a weighted sum technique. Bernard Roy was called in as a consultant and the group devised the ELECTRE method. As it was first applied in 1965, the ELECTRE method was to choose the best action(s) from a given set of actions, but it was soon applied to three main problems: choosing, ranking and sorting. The method became more widely known when a paper by B. Roy appeared in RIRO, la Revue d'Informatique et de Recherche Opérationelle. It evolved into ELECTRE I (''electre one'') and the evolutions have continued with ELECTRE II, ELECTRE III, ELECTRE IV, ELECTRE IS and ELECTRE TRI (''electre tree''), to mention a few.
The method was first proposed by Bernard Roy and his colleagues at SEMA consultancy company. A team at SEMA was working on the concrete, multiple criteria, real-world problem of how firms could decide on new activities and had encountered problems using a [[weighted sum]] technique. Bernard Roy was called in as a consultant and the group devised the ELECTRE method. As it was first applied in 1965, the ELECTRE method was to choose the best action(s) from a given set of actions, but it was soon applied to three main problems: choosing, ranking and sorting. The method became more widely known when a paper by B. Roy appeared in RIRO, la Revue d'Informatique et de Recherche Opérationelle. It evolved into ELECTRE I (''electre one'') and the evolutions have continued with ELECTRE II, ELECTRE III, ELECTRE IV, ELECTRE IS and ELECTRE TRI (''electre tree''), to mention a few.


Bernard Roy is widely recognized as the father of the ELECTRE method, which was one of the earliest approaches in what is sometimes known as the French School of decision making. It is usually classified as an "outranking method" of decision making.
Bernard Roy is widely recognized as the father of the ELECTRE method, which was one of the earliest approaches in what is sometimes known as the French School of decision making. It is usually classified as an "outranking method" of decision making.


There are two main parts to an ELECTRE application: first, the construction of one or several outranking relations which aims at comparing in a comprehensive way each pair of actions; second, an exploitation procedure that elaborates on the recommendations obtained in the first phase. The nature of the recommendation depends on the problem being addressed: choosing, ranking or sorting.
There are two main parts to an ELECTRE application: first, the construction of one or several outranking relations, which aims at comparing in a comprehensive way each pair of actions; second, an exploitation procedure that elaborates on the recommendations obtained in the first phase. The nature of the recommendation depends on the problem being addressed: choosing, ranking or sorting.


Criteria in ELECTRE methods have two distinct sets of parameters: the importance coefficients and the veto thresholds.
Criteria in ELECTRE methods have two distinct sets of parameters: the importance coefficients and the veto thresholds.

Revision as of 02:00, 3 February 2008

ELECTRE is a family of Multi-Criteria Decision Analysis methods that originated in Europe in the mid-1960's. The acronym ELECTRE stands for: ELimination Et Choix Traduisant la REalité (ELimination and Choice Expressing REality).

The method was first proposed by Bernard Roy and his colleagues at SEMA consultancy company. A team at SEMA was working on the concrete, multiple criteria, real-world problem of how firms could decide on new activities and had encountered problems using a weighted sum technique. Bernard Roy was called in as a consultant and the group devised the ELECTRE method. As it was first applied in 1965, the ELECTRE method was to choose the best action(s) from a given set of actions, but it was soon applied to three main problems: choosing, ranking and sorting. The method became more widely known when a paper by B. Roy appeared in RIRO, la Revue d'Informatique et de Recherche Opérationelle. It evolved into ELECTRE I (electre one) and the evolutions have continued with ELECTRE II, ELECTRE III, ELECTRE IV, ELECTRE IS and ELECTRE TRI (electre tree), to mention a few.

Bernard Roy is widely recognized as the father of the ELECTRE method, which was one of the earliest approaches in what is sometimes known as the French School of decision making. It is usually classified as an "outranking method" of decision making.

There are two main parts to an ELECTRE application: first, the construction of one or several outranking relations, which aims at comparing in a comprehensive way each pair of actions; second, an exploitation procedure that elaborates on the recommendations obtained in the first phase. The nature of the recommendation depends on the problem being addressed: choosing, ranking or sorting.

Criteria in ELECTRE methods have two distinct sets of parameters: the importance coefficients and the veto thresholds.

References

  • Multiple Criteria Decision Analysis: State of the Art Surveys, edited by José Figueira, Salvatore Greco, Matthias Ehrgott, Springer's International Series on Operations Research and Management Science, 2005, ISBN 0-387-23081-5, published by Springer Science + Business Media, Inc., NY.
  • Classement et choix en présence de points de vue multiples (la méthode ELECTRE). RIRO, 8:57-75, 1968.