2020
DOI: 10.3390/su12187833
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Combine MCDM Methods and PSO to Evaluate Economic Benefits of High-Tech Zones in China

Abstract: High-tech zones (HTZs), as important economic growth poles, have played a key role in China’s economic boom. A method based on multi-criteria decision-making (MCDM) and particle swarm optimization (PSO) is proposed to evaluate economic benefits of HTZs. MCDM involves analytic hierarchy process (AHP) and technique for order preference by similarity to an ideal solution (TOPSIS) as they are easy and simple to calculate. AHP is used to construct judgment matrix. Then, the judgment matrix is converted to a constra… Show more

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Cited by 7 publications
(4 citation statements)
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“…This innovative design could help the policymakers to understand how the policy inputs are relevant with the different types of outputs. This innovative perspective also expands the previous efficiency evaluation in the high-tech zones in China [ 12 , 43 , 44 , 49 ].…”
Section: Discussionsupporting
confidence: 59%
“…This innovative design could help the policymakers to understand how the policy inputs are relevant with the different types of outputs. This innovative perspective also expands the previous efficiency evaluation in the high-tech zones in China [ 12 , 43 , 44 , 49 ].…”
Section: Discussionsupporting
confidence: 59%
“…This characteristic enables the creation of numerous matrices distributed between local federated hospital clients and central servers. However, the classical version of the TOP-SIS method has some weaknesses: (1) insensitive to small values [118], (2) distorts the original information [119], (3) ranks reversal flaws [120], and (4) relatively small distance between the positive and negative ideal solutions [121][122][123]. Therefore, an improvement in TOPSIS is considerably warranted.…”
Section: Mcdm Methodsmentioning
confidence: 99%
“…However, the classical TOPSIS method's use of Euclidean distance is associated with certain limitations, including the insensitivity to small values, the distortion of original information, The distance between the positive-ideal-solution and negative-ideal-solution relatively small [40], and the rank reversal flaws [41]. Several enhanced forms of TOPSIS have been introduced in scholarly works to address these limitations [38][39][40][41][42][43][44][45][46]. For instance, [42] used the Canberra distance as an alternative to the Euclidean distance.…”
Section: Related Workmentioning
confidence: 99%