J 2022

On the Monte Carlo weights in multiple criteria decision analysis

MAZUREK, Jiří a Dominik STRZALKA

Základní údaje

Originální název

On the Monte Carlo weights in multiple criteria decision analysis

Autoři

MAZUREK, Jiří (203 Česká republika, garant, domácí) a Dominik STRZALKA (616 Polsko)

Vydání

PLOS ONE, 2022, 1932-6203

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

10201 Computer sciences, information science, bioinformatics

Stát vydavatele

Spojené státy

Utajení

není předmětem státního či obchodního tajemství

Odkazy

Kód RIV

RIV/47813059:19520/22:A0000290

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

UT WoS

000911414400001

Klíčová slova anglicky

Monte Carlo simulations; weights; multiple criteria decision making

Příznaky

Mezinárodní význam, Recenzováno

Návaznosti

GA21-03085S, projekt VaV.
Změněno: 11. 4. 2023 11:18, Miroslava Snopková

Anotace

V originále

In multiple-criteria decision making/aiding/analysis (MCDM/MCDA) weights of criteria constitute a crucial input for finding an optimal solution (alternative). A large number of methods were proposed for criteria weights derivation including direct ranking, point allocation, pairwise comparisons, entropy method, standard deviation method, and so on. However, the problem of correct criteria weights setting persists, especially when the number of criteria is relatively high. The aim of this paper is to approach the problem of determining criteria weights from a different perspective: we examine what weights’ values have to be for a given alternative to be ranked the best. We consider a space of all feasible weights from which a large number of weights in the form of n−tuples is drawn randomly via Monte Carlo method. Then, we use predefined dominance relations for comparison and ranking of alternatives, which are based on the set of generated cases. Further on, we provide the estimates for a sample size so the results could be considered robust enough. At last, but not least, we introduce the concept of central weights and the measure of its robustness (stability) as well as the concept of alternatives’ multi-dominance, and show their application to a real-world problem of the selection of the best wind turbine.