A state-of-the-art review of the BWM method and future research agenda
Abstract
The superiority of BWM over other weighting methods for obtaining the weight values of the attributes is that it achieves high-confidence results with a reasonable number of pairwise comparisons. Although the best-worst method (BWM) is a well-known multi-criteria decision-making (MCDM) method that has been successfully utilized in almost all scientific areas to solve challenging real-life problems, no research has comprehensively examined the state-of-the-art in this regard. The present study depicts a detailed overview of publications concerned with BWM during the period 2015–2022. Based on the information obtained from the Scopus database, this work presents a big picture of current research on BWM. In other words, this paper analyzes the existing literature about BWM and identifies thematic contexts, application areas, emerging trends, and remaining research gaps to shed light on future research agendas aligning with those gaps. Further, the most recent BWM research is analyzed in the top ten scientific areas, from engineering to materials science. “Engineering”, “computer science”, and “business, management, and accounting” are the hottest fields of BWM research. China is the most active country regarding “engineering” and “computer science”, whereas India is the leader in “business, management, and accounting”. The study also reveals that there are still many research gaps in BWM research. The big picture taken in this study will not only showcase the current situation of BWM research but will also positively impact the direction and quality of new research.
Keyword : best-worst method, bibliometric analysis, vosviewer, co-occurrence, co-citation, MCDM
How to Cite
Ecer, F. (2024). A state-of-the-art review of the BWM method and future research agenda. Technological and Economic Development of Economy, 30(4), 1165–1204. https://doi.org/10.3846/tede.2024.20761
This work is licensed under a Creative Commons Attribution 4.0 International License.
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