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Multi-Criteria Analysis basic approach

The basic approach in MCA is develop some criteria as the basis for selecting between the options and then to score each of the options against each of the criteria (Edwards an Newman, 1982; Green, 2003). The criteria generally are not amenable to monetary quantification and some may be economic criteria and some not.

The criteria are given weights to reflect the comparative importance of satisfying them and these weights are standardised to have values between 0 and 1. The resulting matrix of scores of options and weighted criteria is then the starting point for what is an iterative learning process in which the consequences of adopting different options are explored.

 


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