Multi-Criteria Analysis Application In The Investment Projects Assessment Cover Image

Primena višekriterijumske analize u proceni investicionih projekata
Multi-Criteria Analysis Application In The Investment Projects Assessment

Author(s): Jelena Stanković, Žarko Popović, Ivana Veselinović
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: multi-criteria analysis; ELECTRE method; investment decisions; investment projects; efficiency evaluation of investment projects

Summary/Abstract: The growth and development of each economic agent is inconceivable without investment or investment activity. In this sense, the investment decision plays a very important role in the realization of the development goals. Economically correct decision is based on the application of various methods of analysis of investment projects and the choice of the most acceptable one. Since a large number of factors affect the decision about the selection, the nature of the problem is multi-criteria. The evaluations of investment projects include an appraisal of their financial and market efficiency. For this purpose, the static and dynamic models of projects are rated as relevant criteria in the multi-criteria model and the ranking of projects is based on the method of multi-criteria analysis. In this paper, specific investment projects funded by the Development Fund of the Republic of Serbia were ranked using the methods of multi-criteria analysis.

  • Issue Year: 2013
  • Issue No: 4
  • Page Range: 401-418
  • Page Count: 18
  • Language: English