Best-worst Tradeoff method

This study aims to develop a Multi-Attribute Decision-Making (MADM) method, the Best-Worst Tradeoff method, which draws on the underlying principles of two popular MADM methods (the Best-Worst Method (BWM) and the Tradeoff). The traditional Tradeoff procedure, which is based on the axiomatic foundation of multi-attribute value theory, considers...

Consistency issues in the best worst method: Measurements and thresholds

The Best-Worst Method (BWM) uses ratios of the relative importance of criteria in pairs based on the assessment done by decision-makers. When a decision-maker provides the pairwise comparisons in BWM, checking the acceptable inconsistency, to ensure the rationality of the assessments, is an important step. Although both the original and the...

A Concentration Ratio for Nonlinear Best Worst Method

Best Worst Method (BWM) is a multi-criteria decision-making method that is based on a structured pairwise comparison system. It uses two pairwise comparison vectors (best-to-others and others-to-worst) as input for an optimization model to get the optimal weights of the criteria (or alternatives). The original BWM involves a nonlinear model...