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New hybrid multi-criteria decision-making DEMATEL-MAIRCA model: sustainable selection of a location for the development of multimodal logistics centre

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  • Dragan S. Pamucar
  • Snezana Pejcic Tarle
  • Tanja Parezanovic

Abstract

The paper describes the application of a new multi-criteria decision-making (MCDM) model, MultiAtributive Ideal-Real Comparative Analysis (MAIRCA), used to select a location for the development of a multimodal logistics centre by the Danube River. The MAIRCA method is based on the comparison of theoretical and empirical alternative ratings. Relying on theoretical and empirical ratings the gap (distance) between the empirical and ideal alternative is defined. To determine the weight coefficients of the criteria, the DEMATEL method was applied. In this paper, through a sensitivity analysis, the results of MAIRCA and other MCDM methods – MOORA, TOPSIS, ELECTRE, COPRAS and PROMETHEE – were compared. The analysis showed that a smaller or bigger instability in alternative rankings appears in MOORA, TOPSIS, ELECTRE and COPRAS. On the other hand, the analysis showed that MAIRCA and PROMETHEE offer consistent solutions and have a stable and well-structured analytical framework for ranking the alternatives. By presenting a new method MCDM expands the theoretical framework of expertise in the field of MCDM. This enables the analysis of practical problems with new methodology and creates a basis for further theoretical and practical upgrade.

Suggested Citation

  • Dragan S. Pamucar & Snezana Pejcic Tarle & Tanja Parezanovic, 2018. "New hybrid multi-criteria decision-making DEMATEL-MAIRCA model: sustainable selection of a location for the development of multimodal logistics centre," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 31(1), pages 1641-1665, January.
    • Handle: RePEc:taf:reroxx:v:31:y:2018:i:1:p:1641-1665
    DOI: 10.1080/1331677X.2018.1506706
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    Cited by:

    1. Haseli, Gholamreza & Yaran Ögel, İlkin & Ecer, Fatih & Hajiaghaei-Keshteli, Mostafa, 2023. "Luxury in female technology (FemTech): Selection of smart jewelry for women through BCM-MARCOS group decision-making framework with fuzzy ZE-numbers," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    2. Srivastava, Akanksha & Parmar, Dipteek & Pamucar, Dragan, 2023. "Comparing multi-criteria models for ranking the Performance of India's water supply utilities," Utilities Policy, Elsevier, vol. 84(C).
    3. Radojko Lukic, 2023. "Application Of Dibr And Mairca Methods In The Evaluation Of The Economic Performance Of The Economy Of Bosnia And Herzegovina," Economic Review: Journal of Economics and Business, University of Tuzla, Faculty of Economics, vol. 21(1), pages 53-64, May.

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