Journal ArticleDOI
Selection of rational dispute resolution method by applying new step‐wise weight assessment ratio analysis (Swara)
TLDR
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.Abstract:
The paper considers major principles of application of the multi‐attribute systems to solve legislative tasks. In order to assess dispute resolution methods from economic, social and other points of view, it is necessary to apply methods for assessing solutions according to multiple attributes. All known multi‐attribute methods cannot value the atribute weights as one weight of attribute is higher or lower significant than the other attribute. 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. SWARA method could be applied in practical implementation of specialised decision support systems and alternative dispute resolution in virtual environment. Starting with principles and established approaches, a problem‐structuring methodology was developed which would condition the problem to allow a more thoughtful application of existing...read more
Citations
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Journal ArticleDOI
Multiple criteria decision-making techniques and their applications – a review of the literature from 2000 to 2014
Abbas Mardani,Ahmad Jusoh,Khalil Md Nor,Zainab Khalifah,Norhayati Mohmad Zakwan,Alireza Valipour +5 more
TL;DR: The results of this study indicated that in 2013 scholars have published articles more than in other years, and energy, environment and sustainability were ranked as the first areas that have applied MCDM techniques and approaches.
Journal ArticleDOI
Multiple criteria decision making (MCDM) methods in economics: an overview
TL;DR: A panorama of decision making methods in economics and summarizes the most important results and applications over the last five years can be found in this article, where the authors consider decision making in light of the recent developments of multiple criteria decision-making methods.
Journal ArticleDOI
Fuzzy best-worst multi-criteria decision-making method and its applications
Sen Guo,Haoran Zhao +1 more
TL;DR: The results indicate the proposed fuzzy BWM can not only obtain reasonable preference ranking for alternatives but also has higher comparison consistency than the BWM.
Journal ArticleDOI
A New Model for Determining Weight Coefficients of Criteria in MCDM Models: Full Consistency Method (FUCOM)
TL;DR: The results show that FUCOM provides better results than the BWM and AHP methods, when the relation between consistency and the required number of the comparisons of the criteria are taken into consideration.
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.
Journal ArticleDOI
A Scaling Method for Priorities in Hierarchical Structures
TL;DR: A method of scaling ratios using the principal eigenvector of a positive pairwise comparison matrix is investigated, showing that λmax = n is a necessary and sufficient condition for consistency.
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Rank correlation methods
TL;DR: The measurement of rank correlation was introduced in this paper, and rank correlation tied ranks tests of significance were applied to the problem of m ranking, and variate values were used to measure rank correlation.
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The Proof and Measurement of Association Between Two Things
TL;DR: The present article is a commencement at attempting to remedy this deficiency of scientific correlation, and the meaning and working of the various formulæ have been explained sufficiently, it is hoped, to render them readily usable even by those whose knowledge of mathematics is elementary.