MCDM'12 - paper no. 6

 

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SENSITIVITY AND ROBUSTNESS ANALYSIS OF SOLUTIONS OBTAINED IN THE EUROPEAN PROJECTS' RANKING PROCESS

Dorota Górecka

Abstract:

After entering the European Union on 1 May 2004 Poland has become eligible to benefit from the EU Structural Funds and the Cohesion Fund and projects cofinanced by these means have become a crucial instrument supporting restructuring and modernization of Polish economy. Total financial assistance granted to Poland for the previous (2004-2006) and present (2007-2013) programming periods amounts to over 80 billion euro. An efficient allocation of these subsidies depends, among other things, on proper choice of projects that are going to be co-financed, which can be made with the aid of such multi-criteria techniques as ORESTE, EVAMIX, PROMETHEE II, EXPROM II or modified BIPOLAR method. In the paper sensitivity and robustness analysis of solutions obtained with the help of the above-mentioned methods will be carried out. It will enable to show the influence of the information delivered by the decision-makers and choices made by them during the decision aiding process on the final European projects? ranking. In a real-life example concerning this issue 16 applications for project co-financing by the European Regional Development Fund submitted to Measure 1.2 Environmental protection infrastructure in one of Polish voivodships in the programming period 2004-2006 will be used.

Keywords:

Multi-criteria decision aiding methods: ORESTE, EVAMIX, PROMETHEE II, EXPROM II, modified BIPOLAR method, stochastic dominance rules, sensitivity and robustness analysis.

Reference index:

Dorota Górecka, (2012), SENSITIVITY AND ROBUSTNESS ANALYSIS OF SOLUTIONS OBTAINED IN THE EUROPEAN PROJECTS' RANKING PROCESS , Multiple Criteria Decision Making (7), pp. 86-111

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Scopus citations in 2 paper(s):
  1. Górecka, D., & Chojnacka, E. (2017). Organizations of public benefit: Performance evaluation using MCDA approach. Croatian Operational Research Review, 8(2), 613-629. doi:10.17535/crorr.2017.0040
  2. Trzaskalik, T., Sitarz, S., & Dominiak, C. (2019). Bipolar method and its modifications. Central European Journal of Operations Research, doi:10.1007/s10100-019-00615-2