Multiple-Criteria Decision Analysis Using TOPSIS and WSA Method for Quality of Life: The Case of Slovakia Regions

Jana Coronicova Hurajova and Zuzana Hajduova
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Jana Coronicova Hurajova: Faculty of Business Economy with seat in Košice, University of Economics in Bratislava, Tajovského 13, 041 30 Košice, Slovakia
Zuzana Hajduova: Faculty of Business Management, University of Economics in Bratislava, Dolnozemská Cesta 1/b, 852 35 Bratislava 5, Slovakia

Mathematics, 2021, vol. 9, issue 19, 1-11

Abstract: Quality of life can be expressed as a highly subjective measure of happiness, which is an important part of many financial and non-financial decisions. The issue of quality of life, namely its quantification, is a current topic, evidenced by a number of literary sources in both foreign and domestic literature. The paper deals with this issue in the conditions of the Slovak Republic and studies the quality of life for each region of Slovakia with respect to the given indicators. In this paper, we deal with the use of the methods of multi-criteria analysis in evaluating the quality of life in Slovakia. The aim of this paper is to highlight that it is important to monitor the level of quality of life at the regional level and that one of the indicators influencing the quality of life in the region may be its location in relation to neighboring countries.

Keywords: multi-criteria analysis; quality of life; regional analysis; entropy method; TOPSIS; WSA (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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