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Chinese Journal of Management Science ›› 2024, Vol. 32 ›› Issue (7): 65-75.doi: 10.16381/j.cnki.issn1003-207x.2021.1586

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Best-worst Multi-criteria Decision-making Method with Decision Maker's Preference Adjustment Willingness under Distributed Multiplicative Preference Environment

Rongqing Yang1,2,3,Xiaoan Tang1,2,3(),Qiang Zhang1,2,3,Ting Huang1,2,3   

  1. 1.School of Management,Hefei University of Technology,Hefei 230009,China
    2.Key Laboratory of Process Optimization and Intelligent Decision-Making,Ministry of Education,Hefei 230009,China
    3.Engineering Research Center of Intelligent Decision-Making and Information System Technology,Ministry of Education,Hefei 230009,China
  • Received:2021-08-11 Revised:2021-12-08 Online:2024-07-25 Published:2024-08-07
  • Contact: Xiaoan Tang E-mail:tangxa@hfut.edu.cn

Abstract:

Comparison matrices show sound performance when representing the outcomes of pairwise comparisons coming from decision-makers. Over the past decades, numerous researchers have investigated multi-criteria decision-making with different forms of comparison matrices, including multiplicative preference relations, interval multiplicative preference relations and hesitant multiplicative preference relations. But one can also note there are situations where the outlined comparison matrices fail to record decision-makers’ preference information. To address the limitations of the aforesaid preference relations, this study focusses on the multi-criteria decision-making problem under distributed multiplicative preference environment. First, a new way of pairwise comparison called distributed multiplicative preference relations is introduced to address the hesitation on the linguistic term selection of decision makers when they use linguistic variables to depict their preference information of one criterion over another, and the case where decision makers show tendencies to provide some specific degrees on certain linguistic terms in multiplicative preference multi-criteria decision-making. This newly-introduced preference relation not only inherits the superiority of multiplicative preference but also can handle the hesitation of decision makers on the problem of linguistic term selection when being used to express the preferences over criteria. Then, an improved Best-Worst Method (BWM) with distributed multiplicative preferences is proposed by considering decision maker’s preference adjustment willingness to overcome such limitations as the neglect of decision maker’s willingness, the high computational burden, and the complicated consistency adjustment process of the traditional BWM in managing inconsistent multiplicative preferences. The improved BWM can achieve a predetermined consistency level efficiently in the setting of retaining the original preferences of decision makers to the greatest extent. Finally, a commercial vehicle purchase decision problem is analyzed by using the proposals to demonstrate their feasibility and validity in practice.

Key words: multi-criteria decision-making, Best-worst method, distributed multiplicative preference relation, consistency, preference adjustment willingness

CLC Number: