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Preference Disaggregation Method and Business Failure Prediction

  • Constantin Zopounidis
  • Augustinos I. Dimitras
Part of the Applied Optimization book series (APOP, volume 12)

Abstract

One of the well known approaches in Multicriteria Decision Aid is the regression based method UTA (UTilités Additives). Jacquet-Lagrèze and Siskos (1978, 1982) were the first to present this method. The UTA method has been already applied in the areas of commercial strategy by Siskos (1986), evaluation of venture capital investment by Siskos and Zopounidis (1987), evaluation of country risk (Cosset et al., 1992), business financing (Siskos et al., 1994), portfolio management (Hurson and Zopounidis, 1995; Zopounidis et al., 1995), etc. In this chapter, after the presentation of the UTA method, the use of its variants UTASTAR for ranking problems and UTADIS for sorting problems in business failure, is illustrated by the study of Zopounidis (1987), through the MINORA System, and the study of Zopounidis and Doumpos (1997) respectively.

Keywords

Decision Maker Marginal Utility Ordinal Regression Venture Capital Investment Business Failure 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media Dordrecht 1998

Authors and Affiliations

  • Constantin Zopounidis
    • 1
  • Augustinos I. Dimitras
    • 1
  1. 1.Technical University of CreteGreece

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