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Article

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Title

MSD-space: Visualizing the inner-workings of TOPSIS aggregations

Authors

[ 1 ] Instytut Informatyki, Wydział Informatyki i Telekomunikacji, Politechnika Poznańska | [ P ] employee

Scientific discipline (Law 2.0)

[2.3] Information and communication technology

Year of publication

2023

Published in

European Journal of Operational Research

Journal year: 2023 | Journal volume: vol. 308 | Journal number: no. 1

Article type

scientific article

Publication language

english

Keywords
EN
  • Multi-criteria decision analysis
  • Multi-criteria ranking
  • Aggregated distance ranking
  • Visualization
  • TOPSIS
Abstract

EN TOPSIS is a popular approach to creating rankings of alternatives characterized by multiple criteria. Over the decades, numerous versions and modifications of the method have been proposed. Nevertheless, the core of TOPSIS, based on calculating and aggregating distances to ideal and anti-ideal alternatives, remains unchanged. This paper aims to describe the inner algebraic aspects of this core, revealing important dependencies between the calculated distances and the mean and standard deviation of the alternative. To visualize the effect of these dependencies on different TOPSIS aggregations, we introduce a new space based on the mean (M) and standard deviation (SD), called MSD-space. MSD-space is a practical tool for comparing aggregations and visualizing the effects that changes to the values of criteria can have on the resulting ratings of alternatives. The advantage of MSD-space is that it can always be successfully illustrated in a plane regardless of the number of criteria describing the alternatives. Using two case studies, we show how MSD-space can help visually compare aggregation functions and formulate improvement actions for selected alternatives. The revealed inner-workings of TOPSIS can be considered a step towards increasing the explainability of TOPSIS itself as well as other multi-criteria ranking methods.

Date of online publication

07.12.2022

Pages (from - to)

229 - 242

DOI

10.1016/j.ejor.2022.12.003

URL

https://www.sciencedirect.com/science/article/pii/S0377221722009328?via%3Dihub

Ministry points / journal

140

Impact Factor

6,4 [List 2022]

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