Article ID: | iaor1999683 |
Country: | Netherlands |
Volume: | 94 |
Issue: | 2 |
Start Page Number: | 321 |
End Page Number: | 334 |
Publication Date: | Oct 1996 |
Journal: | European Journal of Operational Research |
Authors: | Siskos Y., Baourakis G., Matsatsinis N.F. |
Keywords: | statistics: multivariate |
Multicriteria analysis and multidimensional statistical methods can collaborate and offer new prospects in the fields of decision support and management in general. This paper presents a survey-based methodology which combines a multicriteria model for the consumer's preference analysis as well as classical data analysis models to design agricultural products. The new products are developed in such a way that they eventually achieve the maximum possible market share. A real study for the Athenian wine market is presented for illustration. The paper concludes with some further recommendations.