CONCEPT FOR DETERMINING WEIGHT COEFFICIENTS OF CRITERIA BASED ON THE ENTROPY METHOD

Abstract

In this paper, a new model for determining weight coefficients based on applying the entropy method is presented. The entropy method presented in this paper is based on the application of Shannon’s and Renyi’s entropy formulation to determine criterion weights. The new entropy model for assessing the importance of the criteria enables the involvement of experts from different fields to define the relationship between the criteria and rational decision-making. The effectiveness of the proposed methodology is shown through an example where the proposed method is presented in detail.