State-of-the-Art Review on the Analytic Hierarchy Process with Benefits, Opportunities, Costs, and Risks

Antonella Petrillo, Valerio Antonio Pamplona Salomon () and Claudemir Leif Tramarico
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Antonella Petrillo: Department of Engineering, University of Naples “Parthenope”, 80143 Napoli, Italy
Valerio Antonio Pamplona Salomon: Department of Production, Universidade Estadual Paulista (UNESP–Sao Paulo State University), Guaratingueta 12516-410, SP, Brazil
Claudemir Leif Tramarico: Department of Production, Universidade Estadual Paulista (UNESP–Sao Paulo State University), Guaratingueta 12516-410, SP, Brazil

JRFM, 2023, vol. 16, issue 8, 1-16

Abstract: The benefits, opportunities, costs, and risks (BOCR) model is a multiple-criteria decision-making (MCDM) model used to elicit a mutually exclusive and collectively exhaustive set of criteria. As an acronym proposed in the theory of the analytic hierarchy process (AHP), the BOCR model has received attention from users of this MCDM method. A state-of-the-art review, an approach to a literature review that is more comprehensive than a rapid review but not as exhaustive as a systematic literature review, was performed with the Scopus database. The overwhelming majority of documents found on BOCR were practical applications, but they were from diverse areas, including business, computer science, and engineering. It is proposed that two main kinds of contributions for future research on BOCR should be methodological and practical.

Keywords: AHP; BOCR; literature review; MCDM (search for similar items in EconPapers)
JEL-codes: C E F2 F3 G (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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