Application of Multiple Criteria Method of Analytic Hierarchy Process and Sensitivity Analysis in Financial Services in the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090672" target="_blank" >RIV/61989100:27510/14:86090672 - isvavai.cz</a>

Result on the web

<a href="http://www.cesmaa.eu/journals/jaes/files/JAES%202014%20Summer%202(28)%20short.pdf" target="_blank" >http://www.cesmaa.eu/journals/jaes/files/JAES%202014%20Summer%202(28)%20short.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Application of Multiple Criteria Method of Analytic Hierarchy Process and Sensitivity Analysis in Financial Services in the Czech Republic

Original language description

The paper presents multiple criteria decision making, namely analytic hierarchy process, application of criteria weights sensitivity analysis, eliciting change of the order of variants. Assessments are focused on financial products (total 132 of financial leasing and loans alternatives) using four financial and four non-financial criteria. The aim of this paper is to consider a set of alternatives of financial products (financial leasing and bank loan) by the method of AHP and a weighted sum followed byselection of the optimal alternative and implement a sensitivity analysis. By applying these methods, it was found that the most appropriate type of financing is bank loan borrowed with a maximum amount equal to the market price. Sensitivity analysis showed that the most sensitive criteria have the smallest degree of significance.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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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

Publication year

2014

Confidentiality

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

Name of the periodical

Journal of Applied Economic Sciences

ISSN

1843-6110

e-ISSN

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Volume of the periodical

9

Issue of the periodical within the volume

2

Country of publishing house

RO - ROMANIA

Number of pages

230

Pages from-to

221

UT code for WoS article

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EID of the result in the Scopus database

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