A New Approach Within ANP-SWOT Framework for Prioritization of Ecosystem Management and Case Study of National Park Djerdap, Serbia

Arsić, Sanela; Nikolić, Djordje; Mihajlović, Ivan; Fedajev, Aleksandra; Živković, Živan

doi:10.1016/j.ecolecon.2017.10.006

Cited by 57 publications

(38 citation statements)

References 56 publications

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“…In [21], the integration of the AHP method with VIKOR was applied in order to evaluate banks in India. Using different MCDM methods, in integration with other approaches such as fuzzy logic, is evidenced in the literature in a large number of examples [22]. For example, such approach has been integrated with analytical network process (ANP), in order to improve quality in the airline industry [23].…”

Section: Methodsmentioning

confidence: 99%

A Novel Integrated Subjective-Objective MCDM Model for Alternative Ranking in Order to Achieve Business Excellence and Sustainability

Marković

Stajić²,

Stević

et al. 2020

Symmetry

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Achieving sustainability in constant development in every area in today’s modern business has become a challenge on the one hand, and an imperative on the other. If the aspect of business excellence achievement is also added to it, the complexity of the system increases significantly, and it is necessary to model a system considering several parameters and satisfying the multi-criteria function. This paper develops a novel integrated model that involves the application of a subjective-objective model in order to achieve business sustainability and excellence. The model consists of fuzzy PIPRECIA (fuzzy pivot pairwise relative criteria importance Assessment) as a subjective method, CRITIC (criteria importance through intercriteria correlation) and I-distance method as objective methods. The goal is to take the advantages of these approaches and allow for more accurate and balanced (symmetric) decision-making through their integration. The integrated subjective-objective model has been applied in a narrow geographical area to consider and evaluate banks as a significant factor in improving the social aspect of sustainability. An additional contribution of the paper is a critical overview of multi-criteria problems in which the levels of the hierarchical structure contain a different (asymmetric) number of elements. A specific example has also been used to prove that only a hierarchical structure with an equal number of lower-level elements provides precise weights of criteria in accordance with the preferences of decision-makers referring to subjective models. The results obtained are verified throughout the calculation of Spearman and Pearson correlation coefficients, and throughout a sensitivity analysis involving a dynamic reverse rank matrix.

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Section: Methodsmentioning

confidence: 99%

A Novel Integrated Subjective-Objective MCDM Model for Alternative Ranking in Order to Achieve Business Excellence and Sustainability

Marković

Stajić²,

Stević

et al. 2020

Symmetry

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“…Studying international best practices in applying computational models to assess ecosystem services given the national park cases (Arsić et al, 2018) and its applicability in Russia is of profound interest.…”

Section: Discussionmentioning

confidence: 99%

Analysis of Tourism Infrastructure Development Projects in the Context of "Green Economy"

Милорадов¹,

Eidlina²

2018

ERSJ

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The article examines the impact of economic and environmental factors on the implementation of tourism and recreation infrastructure development projects. An approach to analysis of socioeconomic and environmental factors has been proposed, considering preferences of different stakeholders and a multiplicity of project performance indicators. Official statistical data and expert estimates have been used to represent the experience of tourism and recreation infrastructure development projects in the regions of the Russian Federation. A methodology for analyzing the importance of socioeconomic and environmental factors, the preferences of project participants, for evaluating the effectiveness of tourism and recreation infrastructure development projects, aimed at achieving agreed objectives in the long term has been formulated. Based on the research findings, it can be argued that the proposed approach aimed at identifying the largest possible number of project participants, formalizing their preferences and using multi-criteria analysis of options reduces the likelihood of making incorrect management decisions that would lead to negative socioeconomic and environmental effects in the long term and improves the quality of tourism and recreation infrastructure development project planning.

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“…The proposed integrated framework used in the present study is graphically shown in Figure 1. Arsić, Nikolić, Mihajlović, Fedajev, & Živković, 2018Cayir Ervural et al, 2018;Grošelj & Zadnik Stirn, 2015;Yüksel & Daǧdeviren, 2007;Sevkli et al, 2012) The steps of the proposed framework are partially adapted from the best practices in the latest literature (Arsić et al 2018(Arsić et al , 2017Cayir Ervural et al 2018;Grošelj & Zadnik Stirn, 2015;Yüksel & Daǧdeviren, 2007;Sevkli et al, 2012).…”

Section: Methodsmentioning

confidence: 99%

Prioritising Competitive Strategies Based on the Anp Approach: A Case of the Latvian Telecommunication Company

Voronova¹,

Shatrevich²,

Gavrilovs³

et al. 2018

10th International Scientific Conference “Business and Management 2018”

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The present study provides a comparative analysis of development strategy selection and presents an overview of multiple-criteria decision analysis (MCDA) in strategic management. The main aim of the paper is to use the analytic network process (ANP) as one of MCDA methods for determining the best strategy. Based on expert opinions and analytic hierarchy process (AHP), the authors have identified and evaluated SWOT analysis factors used for the development of a company strategy. To investi-gate the interaction of external and internal environment, the authors have used the ANP that allows obtaining relative measurement of the influence of SWOT elements. The ANP is useful with regard to interdependent relationship between multi-objectives and multi-stakeholders’ environment. The algo-rithm of quantitative evaluation of telecommunication company strategies is also presented in the paper.

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A New Approach Within ANP-SWOT Framework for Prioritization of Ecosystem Management and Case Study of National Park Djerdap, Serbia

Cited by 57 publications

References 56 publications

A Novel Integrated Subjective-Objective MCDM Model for Alternative Ranking in Order to Achieve Business Excellence and Sustainability

A Novel Integrated Subjective-Objective MCDM Model for Alternative Ranking in Order to Achieve Business Excellence and Sustainability

Analysis of Tourism Infrastructure Development Projects in the Context of "Green Economy"

Prioritising Competitive Strategies Based on the Anp Approach: A Case of the Latvian Telecommunication Company

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