Book chapter
On the use of the MOORA method in the selection of investment projects
José Filipe (Filipe, J.); António Bento Caleiro (António Bento Caleiro);
Book Title
MCDM Methods for Business and Management
Year
2020
Language
English
Country
Canada
More Information
Abstract
As is well known, when faced with the problem of decision-making, involving several (eventually conflicting) objectives evaluated according to several criteria, multi-criteria analysis is one of the most appropriate methodologies to support the decision. The flexibility of multi-criteria decision analysis/making is one of its most recognized characteristics, which comes from the various methods that can be considered. Among them is the so-called MOORA (as the initials of Multi-Objective Optimization by Ratio Analysis) method.
Acknowledgements
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Keywords
MOORA method,Investment projects,Decision-making