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Multicriteria Decision Aid Methods For The Prediction Of Business Failure »

Book cover image of Multicriteria Decision Aid Methods For The Prediction Of Business Failure by Constantin Zopounidis

Authors: Constantin Zopounidis, Augustinos I. Dimitras, C. Zopounidis
ISBN-13: 9780792349006, ISBN-10: 0792349008
Format: Hardcover
Publisher: Springer-Verlag New York, LLC
Date Published: January 1998
Edition: (Non-applicable)

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Author Biography: Constantin Zopounidis

Book Synopsis

This book provides a new point of view on the subject of business failure prediction, through the application of multicriteria analysis methods. The aim of the book is to provide a review of the research in the area and to explore the adequacy of these methods to one of the most complex problems in the area of financial management. In addition, the book explores the applications of the methods so that it can become a very useful tool for researchers and practitioners. The analysis of the modeling and the results in these applications provides the background for further employment of the methods.

Booknews

Provides a new point of view on business failure prediction through the application of multicriteria decision aid methods. Reviews research in the area, explores the adequacy of these methods to business failure prediction, and details applications of methods. After a description of the business failure problem and a review of other methods of prediction, chapters cover multicriteria analysis, the ELECTRE TRI method, the Rough Sets method, and the UTA method. A conclusion looks a new paths in research. No index. Annotation c. by Book News, Inc., Portland, Or.

Table of Contents

Aknowledgments
Table of Contents
List of Tables
List of Figures
Prologue
Ch. IBusiness Failure Research: Some Statistics, Methods, Models and Variables1
1.2Methods and models6
1.3Financial ratios and other characteristics24
Ch. IIMulticriteria Decision Aid Methodology31
2.2Multiobjective Mathematical Programming33
2.3Multiattribute Utility Theory38
2.4Outranking Relations Approach39
2.5Preference Disaggregation Approach41
2.6Multicriteria Analysis and Business Failure42
Ch. IIIELECTRE TRI Method and Business Failure Prediction45
3.2ELECTRE TRI46
3.3The study of Dimitras, Zopounidis and Hurson (1995)53
3.4The study of Dimitras (1995)60
Ch. IVRough Sets and Business Failure Prediction69
4.2The study of Slowinski and Zopounidis (1995)77
4.3The study of Dimitras, Slowinski, Susmaga, and Zopounidis (1997)89
4.4The study of Greco, Matarazzo and Slowinski (1997)106
Ch. VPreference Disaggregation Method and Business Failure Prediction117
5.2The UTA Method117
5.3The study of Zopounidis (1987) - The MINORA System119
5.4The study of Zopounidis and Doumpos (1997) - The UTADIS method135
Conclusions147
References151

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