Simplified Pivot Pairwise Relative Criteria Importance Assessment (Piprecia-S) Method

Dragisa Stanujkic (), Darjan Karabasevic (), Gabrijela Popovic () and Cipriana Sava ()
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Dragisa Stanujkic: Technical Faculty in Bor, University of Belgrade, Serbia.
Darjan Karabasevic: Faculty of Applied Management, Economics, and Finance, University Business Academy in Novi Sad, Belgrade, Serbia.
Gabrijela Popovic: Faculty of Applied Management, Economics, and Finance, University Business Academy in Novi Sad, Belgrade, Serbia.
Cipriana Sava: Faculty of Tourism and Commercial Management, Christian University “D. Cantemir” Timisoara, Romania.

Journal for Economic Forecasting, 2021, issue 4, 141-154

Abstract: This article aims to consider and propose the use of a simplified variant of the PIvot Pairwise RElative Criteria Importance Assessment (PIPRECIA) method. Unlike the PIPRECIA method, where the significance of the criteria is determined in regards to the previous one, in the case of the Simplified PIPRECIA method the comparison of all criteria is done in regards to the significance of the first criterion, which should facilitate the expression of respondents' attitudes, especially when attitudes of ordinary respondents are needed for research. Since the PIPRECIA method is subjective, the Simplified PIPRECIA method is specifically designed for use with interactive questionnaires designed in a spreadsheet program so that respondents can numerically and graphically see the results obtained based on their attitudes, and correct them as needed. The article discusses three examples of using the Simplified PIPRECIA (PIPRECIA-S) method for determining the criteria weights, as well as evaluating alternatives.

Keywords: criteria weights; PIPRECIA; Simplified PIPRECIA; PIPRECIA-S; website evaluation; wineries (search for similar items in EconPapers)
JEL-codes: C44 C61 D81 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)

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