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Comparing Regions´ Ranking by MCDM methods: the Case of Visegrad Countries

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090625" target="_blank" >RIV/61989100:27510/14:86090625 - isvavai.cz</a>

  • Result on the web

    <a href="http://wseas.org/wseas/cms.action?id=7655" target="_blank" >http://wseas.org/wseas/cms.action?id=7655</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Comparing Regions´ Ranking by MCDM methods: the Case of Visegrad Countries

  • Original language description

    The paper solves the problem of an alternative access to quantitative evaluating of differences in the level of socio-economic development of regions in Visegrad Four countries (V4). The aim of the paper is to define the position of NUTS 2 regions in theperiod 2000-2010 by utilizing methods of Analytic Hierarchy Process (AHP), Simple Additive Weighting (SAW) and Technique for Order Preferences by Similarity to an Ideal Solution (TOPSIS). The sense of applying the methods will be setting the rank and mutual positions of NUTS 2 regions reflecting their socioeconomic development reached for the year 2000, 2005, 2010 based on selected regional data (criterion). The AHP, SAW and TOPSIS are concrete multicriteria decision-making methods (MCDM) which use thehierarchy of elements and ranking the alternatives according to utility and distance functions. Based on the application of methods we can gain detailed view on the regional development of regions by way of quantitative multidimensional

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    WSEAS Transactions on Business and Economics

  • ISSN

    1109-9526

  • e-ISSN

  • Volume of the periodical

    Neuveden

  • Issue of the periodical within the volume

    11

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    12

  • Pages from-to

    496-507

  • UT code for WoS article

  • EID of the result in the Scopus database