Comparison of TOPSIS, COPRAS, ARAS and WASPAS methods in performance evaluation using crisp and interval data

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A10239493" target="_blank" >RIV/61989100:27510/16:10239493 - isvavai.cz</a>
Result on the web
<a href="https://www.ekf.vsb.cz/export/sites/ekf/rmfr/cs/sbornik/Soubory/Part_I.pdf" target="_blank" >https://www.ekf.vsb.cz/export/sites/ekf/rmfr/cs/sbornik/Soubory/Part_I.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Comparison of TOPSIS, COPRAS, ARAS and WASPAS methods in performance evaluation using crisp and interval data
Original language description
Performance evaluation can have a significant impact on the functioning and development of a company. It is based on a set of possible measures is an important and difficult task for decision makers. This paper considers the performance evaluation constructed from primarily financial measures. In the proposed evaluation scheme the performances are expressed using crisp and interval values available. Criteria weights are calculated using objective approaches based on entropy and CRITIC methods. The goal of this paper is to compare four different MADM methods using crisp and interval data. These methods include TOPSIS, COPRAS, ARAS and WASPAS. Mathematical comparison with test data is used to determine the most appropriate MADM method for this task. The results of this paper will show the differences and applicability of these methods in practice.
Czech name
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Czech description
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Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Managing and Modelling of Financial Risks : proceedings of the 8th international scientific conference : September 5-6, 2016, Ostrava, Czech Republic
ISBN
978-80-248-3994-3
ISSN
2464-6970
e-ISSN
2464-6989
Number of pages
10
Pages from-to
217-226
Publisher name
VŠB - Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Sep 5, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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