COMPARISON OF RANKING RESULTS OBTAINED BY TOPSIS AND VIKOR METHODS, USING THE SAME CRITERIA AS TIMES HIGHER EDUCATION WORLD UNIVERSITY RANKING
Journal Title: European Journal of Business and Social Sciences - Year 2017, Vol 6, Issue 1
Abstract
Nowadays, the increase of competition among universities on a local and global basis reveals for the individuals and institutions the need of ranking universities, considering many different comparable criteria with regard to universities. There are many different world universities rankings, prepared by different institutions for this purpose, and results of which are shared with public every year. In this study, firstly the history of university rankings in the world has been discussed and the rankings of the world universities according to the world university ranking criteria have been described. In the second part of the study, TOPSIS and VIKOR methods, the multicriteria decision making methods used in practice, have theoretically been explained. In the next section, the universities have been re-ranked according to the TOPSIS and VIKOR methods, using the same world university ranking criteria. At the consequence part of the study, the world university ranking has been evaluated comparing the world universities rankings each other, obtained according to TOPSIS and VIKOR methods. The purpose of this study is the application of the TOPSIS and VIKOR methods to reveal the university rankings, any relevant example of which haven’t been available in the literature, and to compare the findings of these rankings with those of the rankings obtained by THEWUR. Another aim of the study is to reveal whether ranking numbers vary in those performed by different methods. Based on the fact that university rankings do not differ according to methods using the same criteria and weights, Spearman's rank correlation coefficient was calculated and the results were evaluated.
Authors and Affiliations
Seda BAĞDATLI KALKAN| PhD, İstanbul Commerce University, Münevver TURANLI| PhD, İstanbul Commerce University, Ünal H. ÖZDEN| PhD, İstanbul Commerce University, Özlem DENİZ BAŞAR| PhD, İstanbul Commerce University
THE COMPARATIVE ANALYSIS OF SOME EASTERN EUROPEAN CORPORATE GOVERNANCE STANDARDS AFTER THE GLOBAL CRISIS
The aim of this paperwork is to present a set of comparative corporate governance (CG) standards in some Eastern European countries including: Bulgaria, Romania, and Hungary, plus 2012 CG practices for microfinance in...
YERBA MATE: EXPORT & TRADITION IN BRAZIL
The yerba mate is an evergreen tree from the family of Aquifoliaceae. It usually grows 6-8 meters (19 - 26 ft) but it can reach up to 18 m (59 ft) in height. Its oval leaves are 12 cm (5 inches) long, dark green at t...
PRIORITIZATION OF EFFECTIVE MARKETING CRITERIA IN THE CHAOTIC WORLD OF DETERGENT INDUSTRIES
In fact, the relationship between suppliers and internal customers determines the ultimate quality of service that reaches the external customer and providing better services to internal customers will finally lead to...
NARCOTIC TRAFFICKING IN KOSOVO
Kosovo is facing numerous challenges that are as a result of organized crime, including criminal phenomenon of narcotic trafficking. This harmful phenomenon is causing dissatisfaction among citizens, especially due t...
EFFECT OF ASYMMETRIC INFORMATION ON THE PERFORMANCE OF LISTED MANUFACTURING COMPANIES
Firms with high growth opportunity and superior performance are associated with level of information asymmetry (Chiyachantana, 2013). With respect to type of information, firms with superior operating performance, high...