MCDM'06 - paper no. 7


 

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Multi-criteria approaches to diagnostics of enterprises using analytical network process

Jaroslav Ramík

Abstract:

In this paper we investigate an economic diagnostic system in the situation of lack of data. We propose a diagnostic model working both with statistical and expert data. In case there exists statistical data, the diagnostic model should supply the results based on the well known Bayes´ approaches, otherwise, the model should combine statistical and expert data by a generalized approach. Hence, this model is a generalization both the classical statistical approach and also expert one, which is allowed by Analytic Network Process.

Keywords:

Multi-criteria decision making, analytic hierarchy process (AHP), analytic network process (ANP), pair-wise comparisons, subjective probability, Bayes' theory, diagnostics of enterprises

Reference index:

Jaroslav Ramík, (2007), Multi-criteria approaches to diagnostics of enterprises using analytical network process, Multiple Criteria Decision Making (2), pp. 137-148

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