The method of medians in the problem of ranking interval objects specified by three points
I. F. Shakhnov · Computational Mathematics and Mathematical Physics · 2011
A method for ranking interval objects is proposed and analyzed; the characteristics of those objects are represented by pessimistic, optimistic, and most probable estimates. The method is based on the approximation of the binary probability preference relation by the binary median preference relation. The method is verified using statistical modeling (the Monte Carlo method). The proposed approach can be used for ranking nonreusable and reusable objects.