Assessing Euro 2020 Strategy Using Multi-criteria Decision Making Methods: VIKOR and TOPSIS

Türe, Hasan; Dogan, Seyyide; Koçak, Deniz

doi:10.1007/s11205-018-1938-8

Cited by 44 publications

(17 citation statements)

References 45 publications

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“…The usefulness of MCDM methods as evaluation tools, in ranking areas, are also applied by other researchers. Ture et al (2019) proposed the VICOR and the TOPSIS methods as the effective and easily practicable measures for ranking and monitor 27 EU countries in terms of each EU 2020 Strategy. The same two methods are taken up by Piwowarski et al (2018).…”

Section: Measuring Sustainable Development Using Multi-criteria Methomentioning

confidence: 99%

Measuring sustainable development in the education area using multi-criteria methods: a case study

Roszkowska

Filipowicz-Chomko

2019

Cent Eur J Oper Res

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Sustainability is a holistic and complex multi-dimensional concept comprising economic, social and environmental issues. The EU Sustainable Development Goals' indicator set, developed by European Commission, is implemented online in Eurostat's database and constitutes the basis for assessing the level of sustainability assessment in different areas. The integration of the sustainability indicators was carried out in many studies by using the multi-criteria techniques. This work proposes a new methodological framework based on extended TOPSIS procedure, which takes into account EU targets and/or national targets in building positive ideal solution and negative ideal solution. This algorithm allows compensatory and non-compensatory approach in integrated sustainability assessment from the target point of view. This framework has been applied to measure sustainable development in the area of education in 28 EU countries in 2015. The results of this research also illustrate the complexity of measuring sustainable development, where multiple sustainability criteria and targets are considered.

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Section: Measuring Sustainable Development Using Multi-criteria Methomentioning

confidence: 99%

Measuring sustainable development in the education area using multi-criteria methods: a case study

Roszkowska

Filipowicz-Chomko

2019

Cent Eur J Oper Res

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“…TOPSIS method finds out the shortest distance of the alternative to the ideal solution and ranks it as the best one (Zavadskas et al, 2016). TOPSIS method is widely used in many fields: assessing EURO 2020 strategy (Ture et al, 2019), evaluating strategies for sustainable energy planning (Solangi et al, 2019), risk assessment for sustainable engineering projects (Koulinas et al, 2019), product design concept evaluation (Tiwari et al, 2019), measuring the maturity of the carbon market in China (Liu et al, 2019b), measurement of regional green economy sustainable development ability (Wang et al, 2019).…”

Section: Mcdm Methods In the Assessment Of Ecoinnovation In The Context Of Circular Economymentioning

confidence: 99%

Eco-Innovation as a Pillar for Sustainable Development of Circular Economy

Stankevičienė

Nikanorova

2020

Business: Theory and Practice

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Circular economy (CE) is based on environmental, economic and social dimensions which aim to ensure sustainable development on each step of product creation, transformation and conversion by creating a closed-loop economy. The purpose of the article is to propose a concept of measurement the development of eco-innovations in the context of circular economy, apply and provide empirical evidence based on the data of Baltic Sea Region countries. The study augmented for the models that include the analysis of the circular economy concept, the importance of eco-innovation in the context of circular economy including the accent on recycling, circular material usage, material efficiency and waste management. The multi-criteria decision methods MULTIMOORA and TOPSIS were used to assess the eco-innovation as a pillar of circular economy. Results are useful to add to theoretical building and also evaluate the socio-economic aspect in the concept of circular economy.

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“…The TOPSIS method has a wide range of application areas, such as green supply chain management [89], selection of electric molding machinery [90], assessing organization performances [91], site selection of wind power plants [92], public blockchain evaluation [93], strategy assessment [94], financial performance rankings [95], and solar energy project selection [96].…”

Section: Topsismentioning

confidence: 99%

Electric Bus Selection with Multicriteria Decision Analysis for Green Transportation

Hamurcu

Eren

2020

Sustainability

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Multicriteria decision-making tools are widely used in complex decision-making problems. There are also numerous points of decision-making in transportation. One of these decision-making points regards clean technology vehicle determination. Clean technology vehicles, such as electric buses, have some advantages compared to other technologies like internal combustion engine vehicles. Notably, electric vehicles emit zero tailpipe emissions, thereby ensuring cleaner air for cities and making these clean technologies preferable to other technologies, especially in highly populated areas for better air quality and more livable cities. In this study, we propose a multicriteria decision-making process using analytic hierarchy process (AHP) and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) in the context of an electric bus in the center of Ankara. Six potential electric bus alternatives were evaluated under seven specific criteria. Overall, EV-2 electric buses outperformed other electric bus alternatives based on the chosen criteria. In addition, the stability of the results obtained under different scenarios using this method was established via sensitivity analysis.

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Assessing Euro 2020 Strategy Using Multi-criteria Decision Making Methods: VIKOR and TOPSIS

Cited by 44 publications

References 45 publications

Measuring sustainable development in the education area using multi-criteria methods: a case study

Measuring sustainable development in the education area using multi-criteria methods: a case study

Eco-Innovation as a Pillar for Sustainable Development of Circular Economy

Electric Bus Selection with Multicriteria Decision Analysis for Green Transportation

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