IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

A New Determining Method For The Criteria Weights In Multicriteria Evaluation

Listed author(s):


    (Enterprise Economics and Business Management Department, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT 10223, Vilnius, Lithuania)

Registered author(s):

    The accuracy of the results obtained by using multicriteria evaluation methods largely depends on the determination of the criteria weights. The accuracy of expert evaluation decreases with the increase of the number of criteria. The application of the analytic hierarchy process, based on pairwise comparison of the criteria, or similar methods, may help to solve this problem. However, if the number of the pairs of criteria is large, the same problems, associated with the accuracy of evaluation, arise. In the present paper, a new method of determining the criteria weights, FARE (Factor Relationship), based on the relationships between all the criteria describing the phenomenon considered, is offered. It means that, at the first stage, a minimal amount of the initial data about the relationships between a part of the set of criteria, as well as their strength and direction, is elicited from experts. Then, based on the conditions of functioning and the specific features of the complete set of criteria, the relations between other criteria of the set and their direction are determined analytically in compliance with those established at the first stage. When the total impact of each particular criterion on other criteria of the set or its total dependence on other criteria of a particular set is known, the criteria weights can be determined.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Journal of Information Technology and Decision Making.

    Volume (Year): 10 (2011)
    Issue (Month): 06 ()
    Pages: 1067-1095

    in new window

    Handle: RePEc:wsi:ijitdm:v:10:y:2011:i:06:p:1067-1095
    Contact details of provider: Web page:

    Order Information: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:wsi:ijitdm:v:10:y:2011:i:06:p:1067-1095. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tai Tone Lim)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.