2022
DOI: 10.1155/2022/9374449
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Private‐Sector Partner Selection for Public‐Private Partnership Projects Based on Improved CRITIC‐EMW Weight and GRA ‐VIKOR Method

Abstract: When the government decides to use the public-private partnership (PPP) in projects, such as infrastructure construction, selecting a private-sector partner that meets the project's needs is one of the key factors for successful implementation, but this is ignored in existing research. On this basis, this paper proposes a GRA-VIKOR method based on the combined weight of the improved CRITIC-entropy weight method (EWM). The traditional CRITIC method is improved by combining it with EWM. The combined weights are … Show more

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Cited by 5 publications
(6 citation statements)
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References 28 publications
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“…Through the CRITIC method, based on the values of network node indicators and network subsystem indicators, the weight of each node indicator (ω CRITIC j ), and the weight of each subsystem indicator (ω CRITIC l ). The calculation steps and formulas of the CRITIC method refer to the existing research [34], and are not repeated in the study.…”
Section: Critic Methodsmentioning
confidence: 99%
“…Through the CRITIC method, based on the values of network node indicators and network subsystem indicators, the weight of each node indicator (ω CRITIC j ), and the weight of each subsystem indicator (ω CRITIC l ). The calculation steps and formulas of the CRITIC method refer to the existing research [34], and are not repeated in the study.…”
Section: Critic Methodsmentioning
confidence: 99%
“…Finance ability [9,36,60] R 1 Performance quality [12,36,61] R 2 Infrastructure equipment [9,21,28] R 3 On-time delivery [12,21,60,62] R 4 Community acceptance [8,[40][41][42] S 1 Well-organizing and community [8,11,19] S 2 Resource availability [3,32,34] S 3…”
Section: Factors Abbreviationmentioning
confidence: 99%
“…The VIKOR method with the grey relational analysis is combined in a paper. Although this approach makes the results of the selection assessment more reasonable, it is a relatively complicated method for decision-makers to operate [19]. A work proposed a combined model based on BWM for evaluating and ranking the selection criteria and VIKOR for the final selection of partners [21].…”
Section: Comparative Studymentioning
confidence: 99%
See 1 more Smart Citation
“…Additionally, the SBMS was eventually accomplished by the Improved Basic Uncertain Linguistic Information (IBULI)-based TOPSIS method. Weng et al [32] used the improved EW-CRITIC empowerment and GRA-VIKOR method to select private sector partners for public-private partnership projects and compared the evaluation results with those of traditional GRA, VIKOR, and TOPSIS methods to demonstrate the superiority of this method. Rostamzadeh et al [33] used the mixed CRITIC-TOPSIS method in the sustainable supply chain risk assessment to effectively manage the enterprise.…”
Section: Literaturementioning
confidence: 99%