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author:

Lu, J.-C. (Lu, J.-C..) [1] | Li, M.-J. (Li, M.-J..) [2]

Indexed by:

Scopus

Abstract:

Decision-maker (DM) can assign the weights of the distance measures in the relative closeness of technique for order preference by similarity to ideal solution (TOPSIS) for achieving his/her desirable ranking of alternatives. This phenomenon is called strategically setting distance measure weights in this study, which may affect the fairness of the results. In order to prevent this phenomenon, the idea of data envelopment analysis (DEA) is introduced to determine the objective weights of distance measures, and an improved TOPSIS is proposed in this study. The proposed method not only determines weights of the distance measures from an objective perspective and achieves the fully ranking of alternatives, but also provides the directions for improvement. Moreover, in comparison with the other methods, the advantages of the proposed method are analyzed, and the meanings and properties of the new relative closeness are discussed and proved. Finally, an example of evaluating the innovation development of high-tech industries in central and western regions of China is investigated to illustrate the effectiveness and the usefulness of the proposed method. © 2023 World Scientific Publishing Co. & Operational Research Society of Singapore. World Scientific Publishing Co. Operational Research Society of Singapore.

Keyword:

data envelopment analysis objective perspective relative closeness TOPSIS

Community:

  • [ 1 ] [Lu, J.-C.]School of Economics & Management, Fuzhou University, Fuzhou, 350108, China
  • [ 2 ] [Li, M.-J.]School of Economics & Management, Fuzhou University, Fuzhou, 350108, China
  • [ 3 ] [Li, M.-J.]Research Center of Fujian Economic High-Quality Development Based on Social Science, Planning of Fujian Province in China, Fuzhou, 350108, China

Reprint 's Address:

  • [Li, M.-J.]School of Economics & Management, China

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Source :

Asia-Pacific Journal of Operational Research

ISSN: 0217-5959

Year: 2023

Issue: 6

Volume: 40

1 . 1

JCR@2023

1 . 1 0 0

JCR@2023

ESI HC Threshold:35

JCR Journal Grade:4

CAS Journal Grade:4

Cited Count:

WoS CC Cited Count: 0

SCOPUS Cited Count: 1

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

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