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Given a multicriteria decision‐making problem, an obvious question emerges: Which method should be used to solve it? Although some efforts had been made, the question remains open. The aim of… Click to show full abstract
Given a multicriteria decision‐making problem, an obvious question emerges: Which method should be used to solve it? Although some efforts had been made, the question remains open. The aim of this contribution is to compare a set of multicriteria decision‐making methods sharing three features: same fuzzy information as input data, the need of a data normalization procedure, and quite similar information processing. We analyze the rankings produced by fuzzy MULTIMOORA, fuzzy TOPSIS (with two normalizations), fuzzy VIKOR, and fuzzy WASPAS with different parameterizations, over 1200 randomly generated decision problems. The results clearly show their similarities and differences, the impact of the parameters settings, and how the methods can be clustered, thus providing some guidelines for their selection and usage.
Journal Title: International Journal of Intelligent Systems
Year Published: 2017
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