Research Article

A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM)

Number: 10 December 31, 2024
EN TR

A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM)

Abstract

Advancing the field of multi-criteria decision making (MCDM), this study proposes the Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM) as a novel and objective method for computing criteria weight coefficients. Leveraging the intricate revised CRITIC method, SRCBECM aims to enrich and contribute the MCDM landscape. Drawing upon criterion values extracted from Freedom in the world (FIW) index assessments for 19 G20 member nations, the study showcases the sensivity of SRCBECM in objectively deriving criteria weights for diverse contexts. Further bolstering its credibility and reliability, comparative analyses reveal MIEXCF's alignment with established methodologies such as ENTROPY, CRITIC, SD, SVP, LOPCOW, and MEREC. Notably, the simulation analysis underscores SRCBECM's exceptional and stability in discerning criteria weights and its remarkable stability across diverse scenarios. In conclusion, SRCBECM emerges as a robust and objective criterion weighting technique, poised to make significant contributions to the burgeoning field of the broader MCDM corpus.

Keywords

References

  1. [1] Saaty, T, L., ''Decision making with the analytic hierarchy process'', International Journal of Services Sciences, vol.1, no.1, pp.83-98, 2008.
  2. [2] Ecer, F., Çok Kriterli Karar Verme, Ankara: Seçkin Yayıncılık, 2020.
  3. [3] Kalaycı, Ş., SPSS Uygulamalı Çok Değişkenli İstatistik Teknikleri, Ankara: Anı Yayın Dağıtım, 2013.
  4. [4] Kilmen, S., Eğitim Araştirmacıları İçin SPSS Uygulamalı İstatistik, Ankara: Edge Akademi, 2015.
  5. [5] Karagöz, Y., İlişki Katsayıları, Ankara: Detay Yayıncılık, 2014.
  6. [6] Baş, F., Çok Kriterli Karar Verme Yöntemlerinde Kriter Ağırlıklarının Belirlenmesi, Ankara: Nobel Bilimsel, 2021.
  7. [7] Tepe, S., Örnek Uygulamalarla Çok Kriterli Karar Verme Yöntemleri, Ankara: Akademisyen Kitapevi, 2021.
  8. [8] Ayçin, E., Çok Kriterli Karar Verme, Ankara: Nobel Yayın, 2019.

Details

Primary Language

English

Subjects

Quantitative Decision Methods

Journal Section

Research Article

Early Pub Date

December 24, 2024

Publication Date

December 31, 2024

Submission Date

June 4, 2024

Acceptance Date

September 19, 2024

Published in Issue

Year 2024 Number: 10

APA
Altıntaş, F. F. (2024). A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM). Journal of Statistics and Applied Sciences, 10, 10-34. https://doi.org/10.52693/jsas.1495843
AMA
1.Altıntaş FF. A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM). JSAS. 2024;(10):10-34. doi:10.52693/jsas.1495843
Chicago
Altıntaş, Furkan Fahri. 2024. “A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-Based Expanded CRITIC Method (SRCBECM)”. Journal of Statistics and Applied Sciences, nos. 10: 10-34. https://doi.org/10.52693/jsas.1495843.
EndNote
Altıntaş FF (December 1, 2024) A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM). Journal of Statistics and Applied Sciences 10 10–34.
IEEE
[1]F. F. Altıntaş, “A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM)”, JSAS, no. 10, pp. 10–34, Dec. 2024, doi: 10.52693/jsas.1495843.
ISNAD
Altıntaş, Furkan Fahri. “A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-Based Expanded CRITIC Method (SRCBECM)”. Journal of Statistics and Applied Sciences. 10 (December 1, 2024): 10-34. https://doi.org/10.52693/jsas.1495843.
JAMA
1.Altıntaş FF. A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM). JSAS. 2024;:10–34.
MLA
Altıntaş, Furkan Fahri. “A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-Based Expanded CRITIC Method (SRCBECM)”. Journal of Statistics and Applied Sciences, no. 10, Dec. 2024, pp. 10-34, doi:10.52693/jsas.1495843.
Vancouver
1.Furkan Fahri Altıntaş. A New Approach for the Measurement of Criterion Weights in the Scope of Multi-Criteria Decision Making: Spearman Rank Correlation-based Expanded CRITIC Method (SRCBECM). JSAS. 2024 Dec. 1;(10):10-34. doi:10.52693/jsas.1495843