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Social Choice and Multicriterion Decision-Making: Decision Modeling Career of Students in Secondary Education Using Multicriteria Analysis

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Economic and Financial Challenges for Eastern Europe

Abstract

The aim of this paper is to offer an applicable evaluation framework relating to the right choice of one’s profession via his/her studies. The first part of the paper consists of the basic principles of multicriteria decision-making. To begin with, the paper initially focuses on the MACBETH method. This helps to provide a perspective for procedural types of decisions in which various qualitative and quantitative aspects are incorporated. In the second part of the paper, the abovementioned multicriteria method is applied to a “real-world” case concerning a specific case of a student, Eva. For this specific study, it is concluded that the factors of greatest importance that lead to choosing the university Eva finally chose were four: the cost of undergraduate studies, the reputation-status of the university, its logistics and infrastructure, and its interconnections with other universities and other academic institutions.

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Correspondence to Kostas Karamanis .

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Dimitrakopoulos, I., Karamanis, K. (2019). Social Choice and Multicriterion Decision-Making: Decision Modeling Career of Students in Secondary Education Using Multicriteria Analysis. In: Sykianakis, N., Polychronidou, P., Karasavvoglou, A. (eds) Economic and Financial Challenges for Eastern Europe. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-12169-3_9

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