On the Monte Carlo weights in multiple criteria decision analysis.

ABSTRACT: In multiple-criteria decision making/aiding/analysis (MCDM/MCDA) weights of criteria constitute a crucial input for finding an optimal solution (alternative). A large number of methods were proposed for criteria weights derivation including direct ranking, point allocation, pairwise comparisons, entropy method, standard deviation method, and so on. However, the problem of correct criteria weights setting persists, especially when the number of criteria is relatively high. The aim of this paper is to approach the problem of determining criteria weights from a different perspective: we examine what weights' values have to be for a given alternative to be ranked the best. We consider a space of all feasible weights from which a large number of weights in the form of n-tuples is drawn randomly

SUBMITTER: Mazurek J 

PROVIDER: S-EPMC9543698 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature