A comparative analysis of multi-criteria decision-making methods
In this work, we empirically compare the rankings produced by several multi-criteria decision-making methods. We analyzed multi-MOORA, TOPSIS and three different settings for VIKOR. Using decision matrices with different number of alternatives and criteria, we compared the rankings produced using th...
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| Published in | Progress in artificial intelligence Vol. 5; no. 4; pp. 315 - 322 |
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| Main Authors | , , |
| Format | Journal Article |
| Language | English |
| Published |
Berlin/Heidelberg
Springer Berlin Heidelberg
01.11.2016
Springer Nature B.V |
| Subjects | |
| Online Access | Get full text |
| ISSN | 2192-6352 2192-6360 |
| DOI | 10.1007/s13748-016-0093-1 |
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| Summary: | In this work, we empirically compare the rankings produced by several multi-criteria decision-making methods. We analyzed multi-MOORA, TOPSIS and three different settings for VIKOR. Using decision matrices with different number of alternatives and criteria, we compared the rankings produced using the Spearman’s correlation coefficient index. Our results showed that VIKOR could fail to obtain a ranking due to the failure of certain calculations. The rankings produced by TOPSIS and multi-MOORA were very similar, while the rankings produced by the different VIKOR variants showed a great variability. |
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| Bibliography: | ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 14 |
| ISSN: | 2192-6352 2192-6360 |
| DOI: | 10.1007/s13748-016-0093-1 |