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Strategic Projects for Development of Gamzigrad Spa

Author

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  • Ilic, Biljana
  • Mihajlovic, Dragan
  • Simonovic, Zoran

Abstract

Choosing and ranking projects are complex tasks in business operations. Ranking of projects considers Multiple-Criteria Decision Making as a very popular way to support decision makers. This paper deals with proposed projects for development of the tourist resort of Gamzigrad spa in Eastern Serbia and its thermo-mineral wells. The projects are ranked by application of the ELECTRE method and by application of the AHP method, as ancillary method to determine the weights of criteria.

Suggested Citation

  • Ilic, Biljana & Mihajlovic, Dragan & Simonovic, Zoran, 2013. "Strategic Projects for Development of Gamzigrad Spa," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 59(1), March.
    • Handle: RePEc:ags:sereko:288649
    DOI: 10.22004/ag.econ.288649
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    Keywords

    Community/Rural/Urban Development;

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