Robustness is a key criterion for evaluating alternative decisions under conditions of deep uncertainty. However, no systematic, general approach exists for finding robust strategies using the broad range of models and data often available to decision makers. This study demonstrates robust...

Reputation is an intangible asset that directly affects the market value of the firm. Reputation is built on the trust established with all stakeholders through past behaviour. Reputation may prove resilient, yet even minor misconducts, if repeated, can lead to downfall. We propose an...

The main purpose of the study is to highlight the new service development as a key determinant of diversification strategy in the hospitality industry. Successful new services strengthen the hotels' innovation orientation, constitute the basis for the future competitiveness, growth and survival,...

In this paper, the multi-criteria decision analysis (MCDA) method weighted sum model (WSM) is applied in order to evaluate online courses uploaded in the learning management system (LMS) of the Department of Accountancy of Kavala's Institute of Technology. The linear discriminant analysis (LDA)...

This article focuses on the integration of multicriteria decision analysis (MCDA) and geographical information systems (GIS) and introduces a tool, GIS–MCDA, written in visual basic in ArcGIS for GIS-based MCDA. The GIS–MCDA deals with raster-based data sets and includes standardization,...

Regulation of pesticides in agricultural sector is becoming increasingly oriented to the use of best management practices in order to counter the effect of agricultural practices on health and groundwater. Several distinct criteria (economic, technical, environmental, social and informational...

This research work focuses on the definition of the factors that determine the selection of residence site in urban and rural areas in Greece. The followed approach is based on an analysis that takes into account the nature and the peculiarities of the problem studied and it is built around a...

The fourth programming document for Greece through the years 2007-2013 includes five Regional Operational Programmes (ROPs). One of them is the ROP of Macedonia - Thrace. The priority axis seven description is 'sustainable development and quality of life in the Central Macedonia Region' and one...

This article presents a case study on how data envelopment analysis (DEA) and analytic hierarchy process (AHP) could be combined to produce priority rankings for a set of companies. The shortcomings of each method, when exclusively used to deal with multiple criteria decision analysis (MCDA)...

In this paper 'facilitated modelling' is exercised as an intervention tool for supporting the 'structuring' phase of strategic decision making in an application that approaches modelling a choice/investment challenge in the Greek publishing sector as a multicriteria decision problem. The set of...