Back to Search Start Over

Integrated Determination of Objective Criteria Weights in MCDM.

Authors :
Zavadskas, Edmundas Kazimieras
Podvezko, Valentinas
Source :
International Journal of Information Technology & Decision Making; Mar2016, Vol. 15 Issue 2, p267-283, 17p
Publication Year :
2016

Abstract

In multiple criteria evaluation, criteria weights are of great importance. In practice, subjective criteria weights determined by specialists/experts are commonly used. The types of elements of a decision matrix also play an important role in the evaluation of alternatives. The objective weights help to estimate the structure of data. The entropy method is widely used for determining the weights (significances) of criteria. A new method of the criterion impact loss, CILOS, is used for determining a relative impact loss experienced by the criterion of an alternative, when another criterion is chosen to be the best. The authors of the paper have combined the best features of the entropy method and the CILOS approach to obtain a new method - Integrated Determination of Objective CRIteria Weights, or (IDOCRIW). [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
02196220
Volume :
15
Issue :
2
Database :
Complementary Index
Journal :
International Journal of Information Technology & Decision Making
Publication Type :
Academic Journal
Accession number :
113638696
Full Text :
https://doi.org/10.1142/S0219622016500036