Journal ArticleDOI
Compromise solution by MCDM methods: A comparative analysis of VIKOR and TOPSIS
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A comparative analysis of the multiple criteria decision making methods VIKOR and TOPSIS is illustrated with a numerical example, showing their similarity and some differences.About:
This article is published in European Journal of Operational Research.The article was published on 2004-07-16. It has received 3563 citations till now. The article focuses on the topics: VIKOR method & TOPSIS.read more
Citations
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Journal ArticleDOI
Best-worst multi-criteria decision-making method
TL;DR: In this article, a new method, called best-worst method (BWM) is proposed to solve multi-criteria decision-making (MCDM) problems, in which a number of alternatives are evaluated with respect to different criteria in order to select the best alternative(s).
Book ChapterDOI
Multiple criteria decision making
János Fodor,Marc Roubens +1 more
TL;DR: In this Chapter, a decision maker (or a group of experts) trying to establish or examine fair procedures to combine opinions about alternatives related to different points of view is imagined.
Journal ArticleDOI
Extended VIKOR method in comparison with outranking methods
TL;DR: The VIKOR method as mentioned in this paper was developed to solve MCDM problems with conflicting and noncommensurable (different units) criteria, assuming that compromising is acceptable for conflict resolution, the decision maker wants a solution that is the closest to the ideal, and the alternatives are evaluated according to all established criteria.
Journal ArticleDOI
Developing global managers’ competencies using the fuzzy DEMATEL method
Wei-Wen Wu,Yu-Ting Lee +1 more
TL;DR: An effective method combining fuzzy logic and Decision Making Trial and Evaluation Laboratory (DEMATEL) to segment required competencies for better promoting the competency development of global managers is proposed.
Journal ArticleDOI
Selection of rational dispute resolution method by applying new step‐wise weight assessment ratio analysis (Swara)
TL;DR: The new step‐wise weight assessment ratio analysis method (SWARA) allows including experts, lawyers or dispute parties opinion about significance ratio of the attributes in the process of rational decision determination.
References
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Book
Multiple Attribute Decision Making: Methods and Applications
TL;DR: In this paper, the authors present a classification of MADM methods by data type and propose a ranking method based on the degree of similarity of the MADM method to the original MADM algorithm.
Book
Multi-criteria Decision Making Methods: A Comparative Study
TL;DR: This paper presents an introduction to Multi-Criteria Decision Making methods and some cases of Ranking Abnormalities when Some MCDM Methods are used, as well as a computational evaluation of the Original and the Revised AHP.
Book ChapterDOI
Multiple criteria decision making
János Fodor,Marc Roubens +1 more
TL;DR: In this Chapter, a decision maker (or a group of experts) trying to establish or examine fair procedures to combine opinions about alternatives related to different points of view is imagined.