TY  - JOUR
AU  - Jovanović, Mihailo
AU  - Nedeljković, Slobodan
AU  - Ranđelović, Milan
AU  - Savić, Gordana
AU  - Stojanović, Vladica
AU  - Stojanović, Vladimir
AU  - Ranđelović, Dragan
PY  - 2020
UR  - https://jakov.kpu.edu.rs/handle/123456789/1649
AB  - Local self-government has the task of enabling stable economic development, in addition to enabling a normal quality of life for citizens. This is why the state government should provide guidelines that will improve the local business climate, and by doing so enable local economic development. This can be done through the introduction of a business-friendly certification procedure, which is influenced by uncertain inputs and influences many output factors. Each local government has the important task of determining its rank of efficiency in this process. A number of methodologies developed to solve this problem are generally divided into two groups: Parametric and non-parametric. These two groups of methodologies could provide quite different results. Therefore, the purpose of this paper was to create a model using both approaches to achieve a balanced symmetrical approach that produces better results than each approach individually. For this purpose, the paper describes a multicriteria decision aid-based model of optimization to evaluate the effectiveness of this process, integrating classification, data envelopment analysis, and stochastic frontier analysis, as well as its application in a case study of business-friendly certification in the Republic of Serbia.
PB  - Basel : MDPI
T2  - Symmetry
T1  - A Multicriteria Decision Aid-Based Model for Measuring the Efficiency of Business-Friendly Cities
VL  - 12
IS  - 6
SP  - 1025
DO  - 10.3390/sym12061025
ER  - 

@article{
author = "Jovanović, Mihailo and Nedeljković, Slobodan and Ranđelović, Milan and Savić, Gordana and Stojanović, Vladica and Stojanović, Vladimir and Ranđelović, Dragan",
year = "2020",
abstract = "Local self-government has the task of enabling stable economic development, in addition to enabling a normal quality of life for citizens. This is why the state government should provide guidelines that will improve the local business climate, and by doing so enable local economic development. This can be done through the introduction of a business-friendly certification procedure, which is influenced by uncertain inputs and influences many output factors. Each local government has the important task of determining its rank of efficiency in this process. A number of methodologies developed to solve this problem are generally divided into two groups: Parametric and non-parametric. These two groups of methodologies could provide quite different results. Therefore, the purpose of this paper was to create a model using both approaches to achieve a balanced symmetrical approach that produces better results than each approach individually. For this purpose, the paper describes a multicriteria decision aid-based model of optimization to evaluate the effectiveness of this process, integrating classification, data envelopment analysis, and stochastic frontier analysis, as well as its application in a case study of business-friendly certification in the Republic of Serbia.",
publisher = "Basel : MDPI",
journal = "Symmetry",
title = "A Multicriteria Decision Aid-Based Model for Measuring the Efficiency of Business-Friendly Cities",
volume = "12",
number = "6",
pages = "1025",
doi = "10.3390/sym12061025"
}

Jovanović, M., Nedeljković, S., Ranđelović, M., Savić, G., Stojanović, V., Stojanović, V.,& Ranđelović, D.. (2020). A Multicriteria Decision Aid-Based Model for Measuring the Efficiency of Business-Friendly Cities. in Symmetry
Basel : MDPI., 12(6), 1025.
https://doi.org/10.3390/sym12061025

Jovanović M, Nedeljković S, Ranđelović M, Savić G, Stojanović V, Stojanović V, Ranđelović D. A Multicriteria Decision Aid-Based Model for Measuring the Efficiency of Business-Friendly Cities. in Symmetry. 2020;12(6):1025.
doi:10.3390/sym12061025 .

Jovanović, Mihailo, Nedeljković, Slobodan, Ranđelović, Milan, Savić, Gordana, Stojanović, Vladica, Stojanović, Vladimir, Ranđelović, Dragan, "A Multicriteria Decision Aid-Based Model for Measuring the Efficiency of Business-Friendly Cities" in Symmetry, 12, no. 6 (2020):1025,
https://doi.org/10.3390/sym12061025 . .