2020
DOI: 10.14254/2071-789x.2020/13-4/16
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Multi-criteria assessment of socioeconomic systems’ conditions based on hierarchically structured indicator systems

Abstract: The adequacy of multi-criteria assessment largely depends on how comprehensively an indicator system reflects a phenomenon under consideration. If the number of indicators is large, experts cannot adequately evaluate the indicator weights. As a result, the scope of calculations increases significantly, but the accuracy drops. This problem can be solved by forming a hierarchically structured indicator system. Multi-criteria assessment of such systems is started from the lowest hierarchical level where the value… Show more

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Cited by 7 publications
(5 citation statements)
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“…The literature of the subject [88][89][90] points out that in the initial stage of economic development, environmental pollution increases with economic growth. The higher the level of economic development a society achieves, the more attention it pays to the environment.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…The literature of the subject [88][89][90] points out that in the initial stage of economic development, environmental pollution increases with economic growth. The higher the level of economic development a society achieves, the more attention it pays to the environment.…”
Section: Discussionmentioning
confidence: 99%
“…More advanced statistical analysis methods were used to study the relationships between the analyzed areas. The research used a multicriteria taxonomy described in the literature [90][91][92]. The mathematical algorithm of this method takes place in several stages.…”
mentioning
confidence: 99%
“…It is one of the methods of linear ordering, which allows for the ranking of objects in order from the best to the worst according to the level of a complex phenomenon. Multidimensional comparative analyses are a willingly used research method, as evidenced by the works of Cheba and Szopik-Depczy ńska [45], Rollnik-Sadowska and D ąbrowska [46], and Ginevičius [47].…”
Section: Methodsmentioning
confidence: 99%
“…These processes have resulted in a significant increase in the interdependence between all markets [17][18][19][20]. This has contributed to a significant increase in the socio-economic level of countries [21][22][23][24]. Global economies are experiencing strong growth, which is being attributed to the increase in investment and the level of innovation [25][26][27][28][29][30].…”
Section: Introductionmentioning
confidence: 99%