An evaluation of EU member states according to human development and global competitiveness dimensions using the multi-period grey relational analysis (MP-GRA) technique
| Autor: | Selahattin Kaynak, Miraç Eren |
|---|---|
| Přispěvatelé: | Ondokuz Mayıs Üniversitesi |
| Rok vydání: | 2017 |
| Předmět: |
Operations research
Grey relational analysis 020209 energy media_common.quotation_subject Member states Global competitiveness 02 engineering and technology Human development (humanity) Human development European Union states Ranking Originality Multiple time dimensions Multi-period decision analysis 0202 electrical engineering electronic engineering information engineering media_common.cataloged_instance 020201 artificial intelligence & image processing Business European union Decision analysis media_common |
| Zdroj: | Grey Systems: Theory and Application. 7:60-70 |
| ISSN: | 2043-9377 |
| DOI: | 10.1108/gs-08-2016-0023 |
| Popis: | Purpose The purpose of this paper is to investigate the multi-period, multi-attribute decision-making problems that arise when the information required to make decisions is provided at different periods. Design/methodology/approach For the multi-period grey relational analysis (MP-GRA) procedure, the time dimension is added to the grey relational analysis algorithm, which is a multi-attribute decision analysis that has been developed. As a case study to test the functionality and applicability of the model, 28 European Union member states were ranked by the MP-GRA method developed according to their human development and global competitiveness variables for the years 2006-2015. Findings The general ranking of EU member states has been provided in intervals of certain time periods called decision units. Originality/value Another dimension based on time periods has been added to a ranking technique. This case also shows that the opinions of decision-makers may be added separately to enhance evaluations. |
| Databáze: | OpenAIRE |
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