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2020 | 30 | 3 | 77-96

Article title

Using individual and common reference points to measure the performance of alternatives in multiple criteria evaluation

Content

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EN

Abstracts

EN
When evaluating or ordering alternatives concerning given multiple criteria, decision-makers often use aspiration and reservation levels for criteria, which allows them to define some reference alterna-tives that build a common framework for the evaluation. In this paper, new multiple criteria approach, called distances to aspiration reference points (DARP), is presented, which can be implemented in a specific evaluation or ranking problem when many different aspiration levels should be taken into consideration. One example of such problem is measuring sustainable development of countries or states within the Union. In DARP, to measure the performance of alternative (state), the notion of dis-tances between alternative and individual or common aspiration reference points is used. To manage the problem of different reference points, a modified max-min normalisation technique is proposed. DARP application for measuring smart growth of the EU countries is conducted to demonstrate the effectiveness of the proposed method.

Year

Volume

30

Issue

3

Pages

77-96

Physical description

Contributors

  • University of Bialystok, Warszawska 53, 15-062 Białystok, Poland
  • Bialystok University of Technology, Wiejska 45A, 15-351 Białystok, Poland
  • University of Economics in Katowice, ul. 1 Maja 50, 40-287 Katowice, Poland

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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-116ae92e-b310-43ee-8cf3-0de903948f65
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