Open AccessMULTICRITERIA EVALUATION OF LITHUANIAN BANKS FROM THE PERSPECTIVE OF THEIR RELIABILITY FOR CLIENTS
Author(s) -
Romualdas Ginevičius,
Valentinas Podvezko
Publication year - 2008
Publication title -
journal of business economics and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.485
H-Index - 37
eISSN - 1611-1699
pISSN - 2029-4433
DOI - 10.3846/1611-1699.2008.9.257-267
Subject(s) - reliability (semiconductor) , rank (graph theory) , perspective (graphical) , task (project management) , lithuanian , set (abstract data type) , reliability engineering , computer science , risk analysis (engineering) , econometrics , operations research , mathematics , business , engineering , artificial intelligence , systems engineering , physics , power (physics) , linguistics , philosophy , combinatorics , quantum mechanics , programming language
In recent years, efforts have been made to rank banks according to their reliability. However, the methods used for this purpose are not accurate. The analysis shows that reliability of banks is a complex phenomenon which can only be described by a set of criteria. The task is complicated by the fact that the criteria used have various dimensions as well as being oppositely directed. To solve the above problems, multicriteria evaluation methods, allowing the values of all the criteria of different dimensions and changeability to be integrated into a single generalized quantity, may be used.