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Ranking and classification of cryptocurrency exchanges using the methods of a multidimensional comparative analysis

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  • Kądziołka Kinga

    (Academy WSB, Dąbrowa Górnicza, PolandCieplaka 1c, 41-300 Dąbrowa Górnicza)

Abstract

Research background: The multidimensional assessment of the attractiveness of cryptocurrency exchanges seems to be an important issue, because the risk of the collapse of such an exchange or its use for illegal purposes is higher than in the case of traditional exchanges.

Suggested Citation

  • Kądziołka Kinga, 2021. "Ranking and classification of cryptocurrency exchanges using the methods of a multidimensional comparative analysis," Folia Oeconomica Stetinensia, Sciendo, vol. 21(2), pages 38-56, December.
    • Handle: RePEc:vrs:foeste:v:21:y:2021:i:2:p:38-56:n:9
    DOI: 10.2478/foli-2021-0015
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    2. Salvatore Greco & Alessio Ishizaka & Menelaos Tasiou & Gianpiero Torrisi, 2019. "On the Methodological Framework of Composite Indices: A Review of the Issues of Weighting, Aggregation, and Robustness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 61-94, January.
    3. Zhou, P. & Ang, B.W. & Poh, K.L., 2007. "A mathematical programming approach to constructing composite indicators," Ecological Economics, Elsevier, vol. 62(2), pages 291-297, April.
    4. Kukuła, Karol & Luty, Lidia, 2018. "O wyborze metody porządkowania liniowego do oceny gospodarki odpadami w Polsce w ujęciu przestrzennym," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 18(33, Part ), June.
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    More about this item

    Keywords

    cryptocurrency exchanges; composite indicator; hierarchical clustering; k-means; linear ordering; weighting schemes; investments attractiveness;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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