Two-factor Outranking Approach to MCDM Methods for the Lagging Regions Determination

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10236891" target="_blank" >RIV/61989100:27510/17:10236891 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Two-factor Outranking Approach to MCDM Methods for the Lagging Regions Determination
Original language description
The determination of lagging regions is a problem of high importance, especially in the context of Regional Cohesion policy. MCDM methods are commonly applied as the possible tool for solving of this problem. The outranking elements were embedded into the selected MCDM methods (VIKOR, TOPSIS) to avoid highlighted drawbacks of original methods. Suggested two-factor outranking approach decreases the compensating effect and provides clear determination of lagging regions by the hybrid MCDM methods. To define well-grounded lagging cluster of regions the combination of MCDM and PrincipalComponent Analysis is proposed. The ranks obtained by the hybrid versions of MCDM methods according to the Kendall's Tau coefficient are found to be almost identical. However the VIKOR method appeared to be more distinctive and less sensitive one, producing more incomparable alternatives sharing the same rank. In addition, the patterns of the Visegrad countries were defined highlighting priorities in the development of NUTS 2 regions.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 12th International Conference on Strategic Management and its Support by Information Systems: May 25th-26th, 2017, Ostrava, Czech Republic
ISBN
978-80-248-4046-8
ISSN
2570-5776
e-ISSN
neuvedeno
Number of pages
12
Pages from-to
219-230
Publisher name
VŠB - Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
May 25, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000417344100024

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