Sensitivity analysis in multi-criteria decision making: A state-of-the-art research perspective using bibliometric analysis

Abstract

In the present era, the implementation of scientifically grounded Multi-Criteria Decision Making (MCDM) has emerged as a pivotal solution to diverse decision-making challenges across various domains. Although a substantial body of exploratory, conceptual, and experimental studies exists, only 9.457% studies have incorporated sensitivity analyses to assess the robustness of MCDM methods. An exhaustive scientific exploration of sensitivity analysis within the scope of MCDM is thus lacking. This research aims to address this gap through Bibliometric Analysis while examining 1374 articles published between January 2000 and March 2023 from the Scopus database. Using RStudio (Biblioshiny), CiteSpace, and VOSviewer software, the study constructs a visual representation of the most prolific countries, institutions, and authors. Impressively, China takes the lead in article publications, while India excels in international collaboration. “An extended TODIM multi-criteria group decision-making method for green supplier selection in an interval type-2 fuzzy environment,” featured in the Journal of Environmental Management, emerges as the most cited paper with a total citation of 455. The study also identifies the top three most cited journals, namely “Journal of Cleaner Production,” “Expert Systems With Applications,” and “Computers and Industrial Engineering.” “North China Electric Power University” is the leading institute with the highest research outputs. “Pamučar D” is the most cited author, with 2594 citations and 39 articles, followed by “Kahraman C” and “Zavadskas EK. This study sheds light on trends in scientific developments and collaborations, providing a model for the application of sensitivity analysis in MCDM research and highlighting global trends. An understanding of the current state of sensitivity analysis research can assist researchers working in the entire domain of MCDM. Additionally, the visualization provides prescriptive data for future work and applications related to sensitivity analysis.