A comprehensive MCDM assessment for economic data: success analysis of maximum normalization, CODAS, and fuzzy approaches
Mahmut Baydaş,
Mustafa Yılmaz,
Željko Jović
et al.
Abstract:The approach of evaluating the final scores of multi-criteria decision-making (MCDM) methods according to the strength of association with real-life rankings is interesting for comparing MCDM methods. This approach has recently been applied mostly to financial data. In these studies, where it is emphasized that some methods show more stable success, it would be useful to see the results that will emerge by testing the approach on different data structures more comprehensively. Moreover, not only the final MCDM… Show more
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