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Multiple-Criteria Decision Analysis Using Topsis Method For Interval Data In Research Into The Level Of Information Society Development

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  • Łatuszyńska Anna

    (University of Szczecin Faculty of Economics and Management Institute of IT in Management Mickiewicza 64, 71-101 Szczecin, Poland)

Abstract

When making choices and decisions, very seldom does the situation arise that a decision-maker very seldom bases their assessment of the options available on only one criterion. Frequently, many aspects of the available solutions are considered – both in terms of potential benefits and costs. In order to support decision makers, the Multiple-Criteria Decision Analysis (MCDA) is used for selecting the solution which is the best in several respects.There are many methods of multi-criteria decision-analysis such as AHP, ELECTRE, PROMETHEE, VIKOR or TOPSIS. In the article a modification of the last of these methods is used. With the use of TOPSIS method with interval arithmetic the analysis of the level of information society (IS) development in the European Union countries between 2005 to 2010 is performed and its results are presented.

Suggested Citation

  • Łatuszyńska Anna, 2014. "Multiple-Criteria Decision Analysis Using Topsis Method For Interval Data In Research Into The Level Of Information Society Development," Folia Oeconomica Stetinensia, Sciendo, vol. 13(2), pages 63-76, July.
    • Handle: RePEc:vrs:foeste:v:13:y:2014:i:2:p:14:n:4
    DOI: 10.2478/foli-2013-0015
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    References listed on IDEAS

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    Cited by:

    1. Milos Maryska & Petr Doucek & Lea Nedomova & Pavel Sladek, 2018. "The Energy Industry in the Czech Republic: On the Way to the Internet of Things," Economies, MDPI, vol. 6(2), pages 1-13, June.

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    More about this item

    Keywords

    information society development; composite indicator; multi-criteria decision analysis;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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