IDEAS home Printed from https://ideas.repec.org/a/ids/ijmdma/v17y2018i1p1-28.html
   My bibliography  Save this article

Comparative analysis of multi-criteria decision making methods in choosing contract type for highway construction in Greece

Author

Listed:
  • Fani Antoniou
  • Georgios N. Aretoulis

Abstract

How to compensate highway construction contractors is a complex decision that should be taken based on scientific evidence. Four different multi-criteria decision making methods, i.e., the multi-attribute utility theory, the technique for order preference by similarity to ideal situation, the preference ranking organisation method for enriched evaluation (PROMETHEE) and the PROMETHEE group decision support system method were applied to two case study projects with different characteristics and awarding authorities' (AAs') needs in order to choose between seven different contract type based on nine selection criteria. The results highlight the need to establish the availability of new CTs in the public works law in Greece and showed that all methods have the potential to become decision support systems that can be employed for improving objectivity in this decision making process as if the project characteristics and AA's needs are properly defined at the onset.

Suggested Citation

  • Fani Antoniou & Georgios N. Aretoulis, 2018. "Comparative analysis of multi-criteria decision making methods in choosing contract type for highway construction in Greece," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 17(1), pages 1-28.
    • Handle: RePEc:ids:ijmdma:v:17:y:2018:i:1:p:1-28
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=88821
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mehdi Keshavarz-Ghorabaee & Maghsoud Amiri & Mohammad Hashemi-Tabatabaei & Edmundas Kazimieras Zavadskas & Arturas Kaklauskas, 2020. "A New Decision-Making Approach Based on Fermatean Fuzzy Sets and WASPAS for Green Construction Supplier Evaluation," Mathematics, MDPI, vol. 8(12), pages 1-24, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmdma:v:17:y:2018:i:1:p:1-28. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=19 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.