MAOAM: multiple-aspect outstandingness appraisement methodology

Zghidi Imen

International Journal of Multicriteria Decision Making, 2021, vol. 8, issue 3, 256-275

Abstract: In this contribution, we devise and apply a method for ranking multi-attribute alternatives. The suggested method is founded, inter alia, on the so-called positive and negative outstandingness predicates. This method, herein called multiple-aspect outstandingness appraisement method (MAOAM), employs in the aggregation phase a family of multivariate generalised weighted Heronian means having as special cases the Beliakov et al.'s (2008) generalised Heronian means as well as that of Chu and Liu (2015). With positive and negative outstandingness predicates and multivariate generalised weighted Heronian means, we are better equipped to rank rationally pre-specified alternatives. The feasibility and accuracy of the proposed method are shown in a practical application.

Keywords: multi-criteria decision making; MCDM; positive outstandingness predicate; negative outstandingness predicate; weighted generalised Heronian mean operator. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmcdm:v:8:y:2021:i:3:p:256-275

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