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Toward Reliability in the MCDA Rankings: Comparison of Distance-Based Methods

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Intelligent Decision Technologies

Abstract

The decision-making process is a difficult problem, requiring the decision maker to consider the pros and cons of given options. Systems based on multi-criteria methods are increasingly used to support this. However, their number affects the difficulty of determining which of them is the right choice for a given problem and whether they guarantee similar results. In this paper, the three selected multi-critieria decision analysis (MCDA) methods were used to provide preferences values for alternatives. Decision matrix was created using different number of alternatives and criteria to check the impact of this change to final results. Three rankings were then subjected to two correlation coefficients. It shows that obtained rankings are highly similar, and greater amount of alternatives and criteria have a positive impact on received similarity.

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Acknowledgements

The work was supported by the project financed within the framework of the program of the Minister of Science and Higher Education under the name “Regional Excellence Initiative” in the years 2019–2022, Project Number 001/RID/2018/19;the amount of financing: PLN 10.684.000,00 (J.W.).

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Correspondence to Jarosław Wątróbski .

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Shekhovtsov, A., Więckowski, J., Wątróbski, J. (2021). Toward Reliability in the MCDA Rankings: Comparison of Distance-Based Methods. In: Czarnowski, I., Howlett, R.J., Jain, L.C. (eds) Intelligent Decision Technologies. Smart Innovation, Systems and Technologies, vol 238. Springer, Singapore. https://doi.org/10.1007/978-981-16-2765-1_27

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