Selection of Rational Dispute Resolution Method by Applying New Step‐wise Weight Assessment Ratio Analysis (Swara)

Abstract

Abstract. The paper considers major principles of application of the multi-attribute systems to solve legislative tasks. In order to assess dispute resolution methods from economic, social and other points of view, it is necessary to apply methods for assessing solutions according to multiple attributes. All known multi-attribute methods cannot value the atribute weights as one weight of attribute is higher or lower significant than the other attribute. The new step-wise weight assessment ratio analysis method (SWARA) allows including experts, lawyers or dispute parties opinion about significance ratio of the attributes in the process of rational decision determination. SWARA method could be applied in practical implementation of specialised decision support systems and alternative dispute resolution in virtual environment. Starting with principles and established approaches, a problem-structuring methodology was developed which would condition the problem to allow a more thoughtful application of existing decision-making analytic methodologies.Keywords:SWARA, dispute resolution, decision-making, ratio analysis.Reference to this paper should be made as follows: Keršulienė, V.; Zavadskas, E. K.; Turskis, Z. 2010. Selection of rational dispute resolution method by applying new stepwise weight assessment ratio analysis (SWARA), Journal of Business Economics and Management 11(2): 243-258.

Integrated Evaluation of External Wall Insulation in Residential Buildings Using Swara-Todim McDm Method

“…-Subjective methods (AHP -Analytic Hierarchy Process); -Objective methods (Entropy); -Integrated methods (which are a combination of several methods) (Keršulienė et al 2010). Only well-founded weighting factors should be used because weighting factors are always subjective and influence the solution.…”

“…Only well-founded weighting factors should be used because weighting factors are always subjective and influence the solution. The main feature of SWARA (Step-wise Weight Assessment Ratio Analysis) method is the possibility to estimate opinions of experts or interest groups on significance ratio of the criteria in the process of their weight determination (Keršulienė et al 2010).…”

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