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A New Logarithmic Normalization Method in Games Theory
Volume 19, Issue 2 (2008), pp. 303–314
Edmundas Kazimieras Zavadskas   Zenonas Turskis  

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https://doi.org/10.15388/Informatica.2008.215
Pub. online: 1 January 2008      Type: Research Article     

Received
1 April 2007
Published
1 January 2008

Abstract

Multi-criteria decision making is used in many areas of human activities. Each alternative in multi-criteria decision making problem can be described by a set of criteria. Criteria can be qualitative and quantitative. They usually have different units of measurement and different optimization direction. The normalization aims at obtaining comparable scales of criteria values. The normalization of criteria values is not always needed, but it may be essential. In the new program LEVI 3.1 the following normalization methods are possible: vector, linear scale, non-linear and new logarithmic techniques. Logarithmic normalization has never been used before. The present research is focused on introducing a new logarithmic method for decision making matrix normalization.

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Keywords
games theory multiple criteria decision matrix logarithmic normalization decision making in engineering case study

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INFORMATICA

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