2020
DOI: 10.1155/2020/3564835
|View full text |Cite
|
Sign up to set email alerts
|

Effectiveness of Entropy Weight Method in Decision-Making

Abstract: Entropy weight method (EWM) is a commonly used weighting method that measures value dispersion in decision-making. The greater the degree of dispersion, the greater the degree of differentiation, and more information can be derived. Meanwhile, higher weight should be given to the index, and vice versa. This study shows that the rationality of the EWM in decision-making is questionable. One example is water source site selection, which is generated by Monte Carlo Simulation. First, too many zero values result i… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

1
145
1
2

Year Published

2020
2020
2024
2024

Publication Types

Select...
9

Relationship

0
9

Authors

Journals

citations
Cited by 290 publications
(215 citation statements)
references
References 17 publications
(17 reference statements)
1
145
1
2
Order By: Relevance
“…It is used to evaluate the values of maximizing (stimulants) and minimizing (destimulants) indicators; the influence of which on the results is examined separately. In turn, the entropy method makes it possible to objectively determine the values of the weights for the indicators included in the research [63,64].…”
Section: The Entropy-copras Decision-making Methodsmentioning
confidence: 99%
“…It is used to evaluate the values of maximizing (stimulants) and minimizing (destimulants) indicators; the influence of which on the results is examined separately. In turn, the entropy method makes it possible to objectively determine the values of the weights for the indicators included in the research [63,64].…”
Section: The Entropy-copras Decision-making Methodsmentioning
confidence: 99%
“…This can be explained in the situation as follows. For the performance scores of alternatives with respect to an attribute varied significantly from one to another, then this specific attribute may exhibit more interesting or meaningful information [55]. Thus, from the viewpoint of decision-making, more attention or weightage should be given to such attributes as compared to that with homogeneous data.…”
Section: Application Of Shannon Entropy Methods (Stage 22)mentioning
confidence: 99%
“…(20) Information release of innovation and entrepreneurship in clean energy: universities publish clean energy innovation and entrepreneurship competition projects, training and other activities or policy information and service information about clean energy innovation and entrepreneurship. (21) The construction of innovative and entrepreneurial guidance institutions for clean energy: innovation and entrepreneurship guidance service, energy policy and development analysis, fiscal and taxation policy introduction, experience introduction and other service institutions of clean energy major in colleges and universities. (22) The construction of innovative and entrepreneurial education associations for clean energy: the construction of clean energy entrepreneurship clubs, future entrepreneurs' associations and youth entrepreneurship associations.…”
Section: Selection Of Evaluation Indexesmentioning
confidence: 99%
“…The index weight determination in the SPA and VFS coupling model is particularly important, which is worthy of further discussion. In this paper, an improved set pair analysis-variable fuzzy set coupling evaluation model (SPA-VFS) is established by coupling rank method [20] with entropy weight method [21]. In modern intelligent evaluation methods, the BPNN evaluation method has the problems of slow convergence and easy to fall into local optimum [22].…”
Section: Introductionmentioning
confidence: 99%