Abstract
We propose a double normalization-based multi-aggregation method to deal with the multi-criteria decision making problems considering the benefit, cost and target criterion values. To do so, we introduce an enhanced target-based linear normalization formula and a target-based vector normalization formula. Given that different normalization techniques maintain special advantages and disadvantages, we combine them with three aggregation models to describe the alternatives’ performance from different aspects. Then, a new integration approach is developed to integrate three types of subordinate utility values and ranks to derive the final ranking. The selected alternative not only has a comprehensive performance but does not perform badly under each criterion. Finally, the proposed method is highlighted by a case study of selecting an optimal innovation enterprise.
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Acknowledgements
The work was supported by the National Natural Science Foundation of China (71501135, 71771156), the Fundamental Research Funds for the central Universities (No. YJ201535), and the Scientific Research Foundation for Excellent Young Scholars at Sichuan University (No. 2016SCU04A23).
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Liao, H., Wu, X., Herrera, F. (2018). DNBMA: A Double Normalization-Based Multi-Aggregation Method. In: Medina, J., Ojeda-Aciego, M., Verdegay, J., Perfilieva, I., Bouchon-Meunier, B., Yager, R. (eds) Information Processing and Management of Uncertainty in Knowledge-Based Systems. Applications. IPMU 2018. Communications in Computer and Information Science, vol 855. Springer, Cham. https://doi.org/10.1007/978-3-319-91479-4_6
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DOI: https://doi.org/10.1007/978-3-319-91479-4_6
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