A multiple criteria decision making method based on relative value distances

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題名:	A multiple criteria decision making method based on relative value distances
作者:	Shyur, Huan-Jyh;Yin, Liang;Shih, Hsu-Shih;Cheng, Chi-Bin
關鍵詞:	MCDM;prospect theory;value function;expected utility function;TOPSIS
日期:	2015-12-12
上傳時間:	2016-04-22 13:43:51 (UTC+8)
出版者:	Wydawnictwo Politechniki Poznanskiej,Publishing House of Poznan University of Technology
摘要:	This paper proposes a new multiple criteria decision-making method called ERVD (election based on relative value distances). The s-shape value function is adopted to replace the expected utility function to describe the risk-averse and risk-seeking behavior of decision makers. Comparisons and experiments contrasting with the TOPSIS (Technique for Order Preference by Similarity to the Ideal Solution) method are carried out to verify the feasibility of using the proposed method to represent the decision makers’ preference in the decision making process. Our experimental results show that the proposed approach is an appropriate and effective MCDM method
關聯:	Foundations of Computing and Decision Sciences 40(4), p.299-315
DOI:	10.1515/fcds-2015-0017
顯示於類別:	[管理科學學系暨研究所] 期刊論文

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