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Institutional Repository [SANDBOX]
Technical University of Crete
Technical University of Crete
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| URI: | http://purl.tuc.gr/dl/dias/B76F861C-4E5E-43C3-A902-07B28EF09D3B | ||
| Year | 2002 | ||
| Type of Item | Peer-Reviewed Journal Publication | ||
| License |
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| Bibliographic Citation | M. Doumpos, C. Zopounidis ," On the use of a multicriteria hierarchical discrimination approach for country risk assessment, " J. of Multi-crit. Decision Anal. , vol. 11, nos 4-5,pp. 279-289,Oct. 2002.doi:10.1002/mcda.335 https://doi.org/10.1002/mcda.335 | ||
| Appears in Collections |
Country risk is an issue with multidimensional implications in economic and social development at the national, regional and global levels. The assessment of country risk is often realized as a classification problem, involving the assignment of the countries into predefined groups according to their economic prospects. Within this framework, this study employs the MHDIS multi-criteria decision aid method (Multi-group Hierarchical DIScrimination) for developing country risk assessment models. The data used in the analysis involve a set of 161 countries obtained from the World Bank. An extensive comparison is also performed with other well-known parametric and non-parametric classification methods.
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