A New Multi-Attribute Decision Making Method for Overvalued Star Ratings Adjustment and Its Application in New Energy Vehicle Selection

Sumin Yu, Xiaoting Zhang, Zhijiao Du and Yanyan Chen ()
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Sumin Yu: Institute of Big Data Intelligent Management and Decision, College of Management, Shenzhen University, Shenzhen 518060, China
Xiaoting Zhang: College of Management, Shenzhen University, Shenzhen 518060, China
Zhijiao Du: Business School, Sun Yat-sen University, Shenzhen 518107, China
Yanyan Chen: Institute of Big Data Intelligent Management and Decision, College of Management, Shenzhen University, Shenzhen 518060, China

Mathematics, 2023, vol. 11, issue 9, 1-32

Abstract: Under the global consensus of carbon peaking and carbon neutrality, new energy vehicles have gradually become mainstream, driven by the dual crises regarding the atmospheric environment and energy security. When choosing new energy vehicles, consumers prefer to browse the post-purchase reviews and star ratings of various new energy vehicles on platforms. However, it is easy for consumers to become lost in the high-star text reviews and mismatched reviews. To solve the above two issues, this study selected nine new energy vehicles and used a multi-attribute decision making method to rank the vehicles. We first designed adjustment rules based on star ratings and text reviews to cope with the issue of high star ratings but negative text reviews. Secondly, we classified consumers and recommended the optimal alternative for each type of consumer to deal with the issue of mismatched demands between review writers and viewers. Finally, this study compared the ranking results with the sales charts of the past year to verify the feasibility of the proposed method initially. The feasibility and stability of the proposed method were further verified through comparative and sensitivity analyses.

Keywords: car services platform; new energy vehicles; multi-attribute decision making; star ratings; text reviews; consumer demands (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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