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Mean value and volume-based sensitivity analysis for Olympic rankings. (English) Zbl 1237.90122

Summary: This article describes two methods of creating Olympic rankings based on number of medals won. One method is based on the weighted mean value, which we will show is equivalent to the compromise programming known in multi-criteria decision analysis (MCDM). The other method uses volume-based sensitivity analysis. Both methods presented in this paper can also be used to construct rankings that include more than just the three top positions.

MSC:

90B50 Management decision making, including multiple objectives
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