Towards Objectification of Multi-Criteria Assessments: A Comparative Study on MCDA Methods

Abstract

Objective evaluation in problems considering many, often conflicting criteria is challenging for the decision-maker. This paper presents an approach based on MCDA methods to objectify evaluations in the camera selection problem. The proposed approach includes three MCDA methods, TOPSIS, VIKOR, COMET, and two criterion weighting techniques. Two ranking similarity coefficients were used to compare the resulting rankings of the alternatives: WS and rw. The performed research confirmed the importance of the appropriate selection of multi-criteria decision-making methods for the solved problem and the relevance of comparative analysis in method selection and construction of objective rankings of alternatives.