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Title: An example on the use and limitations of MCDA: The case of fuzzy VIKOR
Authors: Papathanasiou, Jason
Type: Article
Subjects: FRASCATI::Natural sciences::Mathematics::Applied Mathematics
Keywords: VIKOR
Multiple Criteria Decision Aid
Rank reversal
Issue Date: Jan-2021
Publisher: Elcevier
Source: Examples and Counterexamples
Volume: 1
First Page: 100001
Abstract: VIKOR is one of the well known Multiple Criteria Decision Aid methods, used frequently and considered to produce robust results. However, it seems that it is not immune to the rank reversal phenomenon. The latter is a well studied phenomenon that occurs sometimes in many such methods and is the cause of often severe criticism. This short paper provides such an example (and a counter-example) in the case of a fuzzy version of VIKOR.
ISSN: 2666-657X
Other Identifiers: 10.1016/j.exco.2020.100001
Appears in Collections:Department of Business Administration

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