A New Approach for Selecting Alternatives Based on the Adapted Weighted Sum and the SWARA Methods: A Case of Personnel Selection

Dragisa Stanujkic (), Darjan Karabasevic () and Edmundas Kazimieras Zavadskas ()
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Darjan Karabasevic: Faculty of Applied Management, Economics and Finance; University Business Academy in Novi Sad, Serbia
Edmundas Kazimieras Zavadskas: Research Institute of Smart Building Technologies, Civil Engineering Faculty Vilnius Gediminas Technical University, Vilnius, Lithuania

ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, 2017, vol. 51, issue 3, 39-56

Abstract: In this manuscript, a multiple criteria decision-making approach adapted for collaborative decision-making and negotiation, based on the use of the adapted Weighted Sum and SWARA methods, is proposed. Contrary to the commonly used approaches, in this approach, every decision-maker involved in evaluation useshis/her own weights of criteria and determines the ranking order of the evaluated alternatives. Therefore, the final selection of the most appropriate alternative is made on the basis of negotiation in this approach. Finally, at the end of the paper, an empirical illustration is presented in order to highlight the proposed approach. The obtained results confirm the usability and efficiency of the proposed approach.

Keywords: decision making; negotiation; weighted sum method; WS PLP; SWARA. (search for similar items in EconPapers)
JEL-codes: C02 C44 C61 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (5)

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