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Multiple-Criteria Decision Analysis Using TOPSIS and WSA Method for Quality of Life: The Case of Slovakia Regions

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  • Jana Coronicova Hurajova

    (Faculty of Business Economy with seat in Košice, University of Economics in Bratislava, Tajovského 13, 041 30 Košice, Slovakia)

  • Zuzana Hajduova

    (Faculty of Business Management, University of Economics in Bratislava, Dolnozemská Cesta 1/b, 852 35 Bratislava 5, Slovakia)

Abstract

Quality of life can be expressed as a highly subjective measure of happiness, which is an important part of many financial and non-financial decisions. The issue of quality of life, namely its quantification, is a current topic, evidenced by a number of literary sources in both foreign and domestic literature. The paper deals with this issue in the conditions of the Slovak Republic and studies the quality of life for each region of Slovakia with respect to the given indicators. In this paper, we deal with the use of the methods of multi-criteria analysis in evaluating the quality of life in Slovakia. The aim of this paper is to highlight that it is important to monitor the level of quality of life at the regional level and that one of the indicators influencing the quality of life in the region may be its location in relation to neighboring countries.

Suggested Citation

  • Jana Coronicova Hurajova & Zuzana Hajduova, 2021. "Multiple-Criteria Decision Analysis Using TOPSIS and WSA Method for Quality of Life: The Case of Slovakia Regions," Mathematics, MDPI, vol. 9(19), pages 1-11, October.
    • Handle: RePEc:gam:jmathe:v:9:y:2021:i:19:p:2440-:d:648217
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    References listed on IDEAS

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    Cited by:

    1. Junke Chen & Yifan Liu & Qigang Zhu, 2022. "Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example," Mathematics, MDPI, vol. 10(12), pages 1-17, June.

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