Journal
TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY
Volume 17, Issue 2, Pages 246-258Publisher
VILNIUS GEDIMINAS TECH UNIV
DOI: 10.3846/20294913.2011.580575
Keywords
hybrid decision; risk decision; TOPSIS
Categories
Ask authors/readers for more resources
This paper aims at solving hybrid multiple attributes decision-making problems under risk with attribute weight known and a new decision approach based on entropy weight and TOPSIS is proposed. First, the risk decision matrix is transformed into the certain decision matrix based on the expectation value. Then, the deviation entropy weight method is used to determine the attribute weights. And according to the definitions of the distance and the positive/negative ideal solutions for different data types, the relative closeness coefficients can be calculated by TOPSIS. Furthermore, the alternatives are ranked by the relative closeness coefficients. Finally, an application case is given to demonstrate the steps and effectiveness of the proposed approach.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available