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The effectiveness of assessments in multiple criteria decisions

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  • Friedel Peldschus

Abstract

For the solution of multiple criteria decisions, the comparative effectiveness of different alternatives is expressed by non-dimensional values. When repeating calculations with a modified set of alternatives, the solution may vary depending on the used transformation method. Also the possibility of an unintentional weighing between maximisation and minimisation cannot be excluded. Several normalisation formulae are investigated and a suggestion for a stable solution is discussed, giving the decision maker the possibility to better evaluate the quality of his solution.

Suggested Citation

  • Friedel Peldschus, 2007. "The effectiveness of assessments in multiple criteria decisions," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 8(5/6), pages 519-526.
    • Handle: RePEc:ids:ijmdma:v:8:y:2007:i:5/6:p:519-526
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    Cited by:

    1. Nazlı Ersoy, 2022. "The Influence of Statistical Normalization Techniques on Performance Ranking Results: The Application of MCDM Method Proposed by Biswas and Saha," International Journal of Business Analytics (IJBAN), IGI Global, vol. 9(5), pages 1-21, January.

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