MCDMRankingcrisp
Cross-Validation — k-fold hold-out validation of MCDM decision consistency
CROSS-VALIDATION (Cross-Validation — k-fold hold-out validation of MCDM decision consistency) is a ranking multi-criteria decision-making (MCDM) method introduced by Stone, M. in 1974. It turns a decision matrix of alternatives scored on multiple criteria into a structured, reproducible result.
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When to use it
Cross-Validation — k-fold hold-out validation of MCDM decision consistency
Strengths & limitations
Strengths
- Follows a transparent, reproducible computational procedure that can be audited step by step.
- Handles multiple criteria of differing scales and units within a single decision matrix.
Limitations
- Assumes full compensation — a strong score on one criterion can offset a weak score on another.
Sources
- Stone, M. (1974). Cross-validatory choice and assessment of statistical predictions. Journal of the Royal Statistical Society Series B DOI: 10.1111/j.2517-6161.1974.tb00994.x ↗
How to cite this page
ScholarGate. (2026, June 2). Cross-Validation — k-fold hold-out validation of MCDM decision consistency. ScholarGate. https://scholargate.app/en/decision-making/cross-validation