AN INTEGRATED DEA/AHP METHODOLOGY FOR DETERMINING THE CRITERIA IMPORTANCE IN THE PROCESS OF BUSINESS-FRIENDLY CERTIFICATION AT THE LOCAL LEVEL Cover Image

AN INTEGRATED DEA/AHP METHODOLOGY FOR DETERMINING THE CRITERIA IMPORTANCE IN THE PROCESS OF BUSINESS-FRIENDLY CERTIFICATION AT THE LOCAL LEVEL
AN INTEGRATED DEA/AHP METHODOLOGY FOR DETERMINING THE CRITERIA IMPORTANCE IN THE PROCESS OF BUSINESS-FRIENDLY CERTIFICATION AT THE LOCAL LEVEL

Author(s): Milan Ranđelović, Gordana Savić, Dragan Ranđelović
Subject(s): Business Economy / Management, Energy and Environmental Studies, ICT Information and Communications Technologies
Published by: Универзитет у Нишу
Keywords: Multi-criteria decision; criteria weights; business-friendly certification; AHP; DEA;

Summary/Abstract: The key problem in the application of multi-criteria decision methods is to determine the importance of the criteria. That is the reason for the developing of a number of approaches for its calculation. Most of the used classifications divide them into two groups: subjective and objective. This paper presents an integration, an analytic hierarchy process (AHP) method as a subjective one, and the data envelopment analysis (DEA) method as an objective approach. The basic idea in the proposed procedure is to introduce objectivity into the process of criteria importance derivation with AHP by taking into account the weight obtained by DEA efficiency evaluation after introducing subjectivity in DEA, with an expert opinion.

  • Issue Year: XLIV/2020
  • Issue No: 1
  • Page Range: 285-300
  • Page Count: 16
  • Language: English