articleSpectrum of Decision Making and Applications.Jan 23, 2025HYBRID OA

A Comprehensive and Systematic Review of Multi-Criteria Decision-Making (MCDM) Methods to Solve Decision-Making Problems: Two Decades from 2004 to 2024

RKRahul KumarDPDragan Pamucar

Magadh University · University of Belgrade

Indexed incrossref

Abstract

Decision-making in complex, multifaceted scenarios has become increasingly critical across diverse sectors, necessitating robust frameworks like Multi-Criteria Decision-Making (MCDM). Over the past two decades (2004–2024), MCDM has transformed from foundational methods like AHP and TOPSIS into dynamic hybrid models integrating artificial intelligence, fuzzy logic, and machine learning. Despite significant strides, the field faces challenges in addressing geographic disparities, underexplored domains, and adapting to emerging global needs. This study provides a comprehensive review of MCDM's evolution, consolidating insights from 3,655 peer-reviewed articles sourced through Dimensions.ai and analyzed using…

Citation impact

75
total citations
FWCI
125.18
Percentile
100%
References
31
Citations per year

Authors

2
  • RK
    Rahul KumarCorresponding

    Magadh University

  • DP
    Dragan Pamucar

    University of Belgrade

Topics & keywords

Keywords
  • Multiple-criteria decision analysis
  • Management science
  • Computer science
  • Decision analysis
  • Business decision mapping
  • Operations research
  • Mathematics
  • Decision support system
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