Economic Themes (2008) 46 (1) 5, 51-65
Predrag Mimović
Abstract: Ability of Analytical Hierarchic Process to enhance evaluation and choice phase in decision making is well known, but what is not so well known is usefulness of AHP in forecasting. This paper deals with possibility of AHP implementation in forecasting as an independent technique, which has been illustrated with a simple example.
Keywords: forecasting; alternative outcomes; ahp; ranking; probalities
ANALYTICAL HIERARCHY PROCESS AS AN ECONOMIC FORECASTING METHOD USING EVALUATION OF POSSIBLE ALTERNATIVE OUTCOMES
Predrag Mimović
Abstract: Ability of Analytical Hierarchic Process to enhance evaluation and choice phase in decision making is well known, but what is not so well known is usefulness of AHP in forecasting. This paper deals with possibility of AHP implementation in forecasting as an independent technique, which has been illustrated with a simple example.
Keywords: forecasting; alternative outcomes; ahp; ranking; probalities
