Analytic hierarchy process method on the weight of entropy and its application in ship investment decision making

Analytic hierarchy process method on the weight of entropy and its application in ship investment decision making

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Article ID: iaor20013769
Country: China
Volume: 21
Issue: 1
Start Page Number: 97
End Page Number: 191
Publication Date: Mar 2000
Journal: Journal of Shanghai Maritime University
Authors:
Keywords: decision theory: multiple criteria, transportation: water, analytic hierarchy process
Abstract:

First, we give the weight of index objectively with entropy for the multiple attribute decision problem. Then, we combine this weight with the weight of index which is given in analytic hierarchy process method subjectively. Thus we get the weight to be called the weight of entropy which is used in calculating combinatorial weight in AHP method. At last, we apply this method to a ship investment decision making problem.

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