Upgrading current multi-attribute decision-making with a 3-dimensional decision matrix for future-based decisions

Two shortcomings of existing Multi-Attribute Decision-Making (MADM) approaches are presented in this paper. The problems were decision makers' (experts') dynamic level of experience in certain areas, as well as the difficulties of forecasting the future with the existing MADM techniques. A...

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Bibliographic Details
Main Author: Shahryar Sorooshian
Format: Article
Language:English
Published: Elsevier 2021-01-01
Series:MethodsX
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2215016121001965
Description
Summary:Two shortcomings of existing Multi-Attribute Decision-Making (MADM) approaches are presented in this paper. The problems were decision makers' (experts') dynamic level of experience in certain areas, as well as the difficulties of forecasting the future with the existing MADM techniques. A solution is also proposed to overcome the issues. • Two critical shortcomings of existing multi-attribute decision-making (MADM) approaches are presented with this work. • As a solution for the shortcomings, a 3-dimensional decision matrix is introduced.
ISSN:2215-0161