A Combination Evaluation Method Based on FAHP and Entropy Weigh Method

Author

Wei, Zhou ; Rui, Zhao

Author_Institution

Dept. of Constr. Project Manage., Zhengzhou Inst. of Aeronaut. Ind. Manage., Zhengzhou

fYear

2007

fDate

21-25 Sept. 2007

Firstpage

5907

Lastpage

5910

Abstract

This paper proposes a new combination weight method which uses weight vectors minimum deviation square sum as object functions and solves the weight distribution problem based on object optimization model. The method combines subjective weight of FAHP with objective weight of entropy analysis method, and can sufficiently utilize objective evaluation information and meet the requirements of decision-makers. Finally, an example for real estate investment decision-making is presented to show the feasibility and effectiveness of the combination method.

Keywords

decision making; entropy; fuzzy set theory; investment; optimisation; statistical distributions; vectors; combination evaluation method; entropy weigh method; fuzzy analysis hierarchy process; object optimization model; real estate investment decision-making; weight distribution problem; weight vectors minimum deviation square sum; Aerospace industry; Approximation methods; Construction industry; Decision making; Entropy; Hydrogen; Information analysis; Investments; Optimization methods; Project management;

fLanguage

English

Publisher

ieee

Conference_Titel

Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on

Conference_Location

Shanghai

Print_ISBN

978-1-4244-1311-9

Type

conf

DOI

10.1109/WICOM.2007.1448

Filename

4341223