Title: A HYBRID DYNAMIC MADM MODEL FOR PROBLEM-IMPROVEMENT IN ECONOMICS AND BUSINESS
Authors: Peng, Kua-Hsin
Tzeng, Gwo-Hshiung
科技管理研究所
Institute of Management of Technology
Keywords: MCDM (Multiple Criteria Decision Making);MADM (Multiple Attribute Decision Making);MODM (Multiple Objective Decision Making);DEMATEL (Decision Making Trial and Evaluation Laboratory);DANP (DEMATEL-based ANP);Fuzzy integral;INRM (Influential Network Relationship Map);VIKOR;aspiration level
Issue Date: 2013
Abstract: A typical multiple attribute decision making (MADM) model is a scientific analytical model for evaluating and improving a set of alternatives based on multiple criteria. However, this study identified some important new concepts and limitations/defects of traditional MADM for solving the real-world problems. First, the traditional MADM model assumes that criteria considered are independent and hierarchical in structure; however, the real-world problems often involve interdependent criteria, and thus interdependent models are required. Second, relatively good solutions from existing alternatives are replaced by the aspiration levels. Third, the trend has shifted from how to "rank"or "select" the most preferable alternatives, to how to "improve" their performances. Fourth, information fusion/aggregation, such as fuzzy integrals, basically, a non-additive/super-additive model, has been developed for performance aggregation. Therefore, to overcome the defects of the conventional MADM method and solve complex and dynamic real world problems, a Hybrid Dynamic Multiple Criteria Decision Making (HDMADM) method is needed. Finally, this study presented real cases to demonstrate the effectiveness of the HDMADM method for overcoming the defects of the conventional MADM method.
URI: http://hdl.handle.net/11536/23673
http://dx.doi.org/10.3846/20294913.2013.837114
ISSN: 2029-4913
DOI: 10.3846/20294913.2013.837114
Journal: TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY
Volume: 19
Issue: 4
Begin Page: 638
End Page: 660
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