Objective and subjective approaches to determining the criterion weight in multicriteria models

Abstract

Quantitative and qualitative methods of evaluating the available alternatives and making an optimal choice in solving social, economic and technological problems are widely used. Quantitative methods are based on the significances of the criteria describing the evaluated object and on the numerical values of the criteria weights. The paper considers subjective, objective and integrated approaches to determining the criteria weights as well as providing case studies of their actual applications.