One of the key indicators of human welfare refers to consumption. Moreover, consumption, along with other component – production, is one of the major themes of EUROSTAT indicators system of sustainable development. In real terms, total consumption expenditure of households in Romania increased...

This research brings as a novelty in literature the use of other methods to compare the forecasts accuracy: multicriterial ranks, non-parametric tests and binary logistic regression. Starting from the a conclusion stated in literature that Dobrescu model failed to predict the actual crisis in...

In this paper we propose a deterministic methodology for creditworthiness evaluation based on the Multi-Criteria Decision Analysis (MCDA) method known as MUlticriteria RAnking MEthod (MURAME). This approach allows to rank the firms according to their credit risk characteristics and to sort them...

An original two-phase model for ranking railway projects from different railway subsystems is presented. The model was developed for the purpose of ranking 75 Serbian Railways projects. The advantage of this model over existing one-phase models is that it allows for one to obtain not only a...