The classification of a set of objects into predefined homogenous groups is a problem with major practical interest in many fields. Over the past two decades several non-parametric approaches have been developed to address the classification problem, originating from several scientific fields....

Sorting problems constitute a major part of real world decisions, where a set of alternative actions (solutions) must be classified into two or more predefined classes. Multicriteria decision aid (MCDA) provides several methodologies, which are well adapted in sorting problems. A well known...

The goal of this paper is to build an operational model for evaluating the financial viability of local municipalities in Greece. For this purpose, a multicriteria methodology is implemented combining a simulation analysis approach (stochastic multicriteria acceptability analysis) with a...

Our main purpose here is to assess the viability of Greek companies that operate in the field of agricultural food-production and marketing. More specifically, we present the basic operational framework within which the agricultural organizations of co-operatives operate; we also examine the main...

Disaggregation methods have become popular in multicriteria decision aiding (MCDA) for eliciting preferential information and constructing decision models from decision examples. From a statistical point of view, data mining and machine learning are also involved with similar problems, mainly...

Ratings issued by credit rating agencies (CRAs) play an important role in the global financial environment. Among other issues, past studies have explored the potential for predicting these ratings using a variety of explanatory factors and modeling approaches. This paper describes a...

The objective of this article is to propose a methodological framework for developing evaluation models for estimating SMEs' performance, based on financial ratio analysis. The proposed framework involves the application of a multiple criteria decision aid method, namely the UTADIS method...

Purpose – The purpose of this paper is to examine the efficiency and productivity of a Greek bank's branches. Design/methodology/approach – The sample consists of 458 branches of a Greek commercial bank, operating in 13 regions of Greece over the period 2002‐2005, a total of 1,795...