A Survey on Development and Applications of the Multi-criteria Decision Making Method MULTIMOORA

Tomas Baležentis, Alvydas Baležentis

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48 Citations (Scopus)

Abstract

This paper focuses on the MULTIMOORA method. Specifically, it discusses its development as well as extensions alongside with an overview of their applications. Indeed, the MULTIMOORA is a relatively new multi-criteria decision making method consisting of the three parts. Therefore, it is specific with peculiarities of both complete and partial aggregation techniques. The MULTIMOORA method consists of the three parts, namely the Ratio System, the Reference Point, and the Full Multiplicative Form. The paper discussed the extensions of MULTIMOORA into the fuzzy environment and group decision making. The carried out survey identified the two major areas of application of MOORA and MULTIMOORA, namely engineering decision support for technological development and economic researches. The economic researches can further be classified into those related to micro-level or macro-level analyses.

Original languageEnglish
Pages (from-to)209-222
Number of pages14
JournalJournal of Multi-Criteria Decision Analysis
Volume21
Issue number3-4
DOIs
Publication statusPublished - 2014

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Keywords

  • Full multiplicative form
  • MOORA
  • Multi-criteria decision making
  • MULTIMOORA
  • Ratio system
  • Reference point

ASJC Scopus subject areas

  • Decision Sciences(all)
  • Strategy and Management

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