AN APPLICATION OF HYBRID FUZZY MULTI-CRITERIA DECISION-MAKING METHOD ON A LOCATION-SELECTION PROBLEM

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Authors	KOLÁČEK Michal MATULOVÁ Markéta
Year of publication	2018
Type	Article in Proceedings
Conference	Proceedings of the International Scientific Conference QUANTITATIVE METHODS IN ECONOMICS Multiple Criteria Decision Making XIX
MU Faculty or unit	Faculty of Economics and Administration
Citation
web	http://www.fhi.sk/files/katedry/kove/ssov/proceedings/Zbornik2018.pdf
Keywords	AHP; fuzzy numbers; TOPSIS; multi-criteria decision-making under uncertainty.
Description	In this paper we present a useful tool for multi-criteria decision making under uncertainty. The proposed approach involves several steps: identification of potential alternatives, determination of decision criteria, application of fuzzy theory to quantify criteria values under uncertainty and evaluation of alternatives with a hybrid method combining fuzzy TOPSIS and fuzzy AHP. We apply the proposed method in the case study of the construction of a decision making framework for the selection of the best location for organizing a conference.
Related projects:	New Public Governance, co-production and hybridity phenomenon