Business Risk Evaluation of Electricity Retail Company in China Using a Hybrid MCDM Method
Abstract
:1. Introduction
2. Basic Theory of the Proposed MCDM Method for Business Risk Evaluation of Electricity Retail Company
2.1. The BBWM for Weight Determination of Evaluation Criteria
2.2. Improved Matter-Element Extension Model for Business Risk Ranking
3. Evaluation Index System for Business Risk Evaluation of Electricity Retail Company
4. Empirical Analysis
4.1. Set the Matter-Element in Classical Field and Matter-Element in Controlled Field
4.2. Set the Matter-Element to Be Evaluated
4.3. Determine the Weights of Risk Sub-Criteria
4.4. Calculate the Proximity Degrees of the Matter-Element to be Evaluated for Different Evaluation Grades
4.5. Rank Business Risk Evaluation Grade of Electricity Retail Company
5. Discussion
5.1. Result Analysis
5.2. Comparative Analysis
6. Conclusions
Author Contributions
Funding
Acknowledgments
Conflicts of Interest
References
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Expert Number | The Best Risk Sub-Criterion | The Worst Risk Sub-Criterion |
---|---|---|
1 | C5 | C8 |
2 | C5 | C1 |
3 | C4 | C7 |
4 | C2 | C6 |
5 | C3 | C8 |
Expert Number | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|
The Best Risk Sub-Criterion | C5 | C5 | C4 | C2 | C3 |
C1 | 6 | 7 | 5 | 3 | 3 |
C2 | 4 | 3 | 3 | 1 | 3 |
C3 | 4 | 4 | 4 | 2 | 1 |
C4 | 3 | 2 | 1 | 3 | 2 |
C5 | 1 | 1 | 2 | 2 | 2 |
C6 | 5 | 3 | 4 | 5 | 4 |
C7 | 7 | 5 | 6 | 4 | 5 |
C8 | 7 | 6 | 5 | 5 | 6 |
Expert Number | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|
The Worst Risk Sub-Criterion | C8 | C1 | C7 | C6 | C8 |
C1 | 2 | 1 | 3 | 3 | 2 |
C2 | 4 | 3 | 4 | 5 | 3 |
C3 | 4 | 3 | 3 | 3 | 6 |
C4 | 5 | 5 | 6 | 2 | 5 |
C5 | 7 | 6 | 4 | 3 | 4 |
C6 | 2 | 3 | 3 | 1 | 3 |
C7 | 2 | 3 | 1 | 2 | 2 |
C8 | 1 | 2 | 2 | 2 | 1 |
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Guo, S.; Zhang, W.; Gao, X. Business Risk Evaluation of Electricity Retail Company in China Using a Hybrid MCDM Method. Sustainability 2020, 12, 2040. https://doi.org/10.3390/su12052040
Guo S, Zhang W, Gao X. Business Risk Evaluation of Electricity Retail Company in China Using a Hybrid MCDM Method. Sustainability. 2020; 12(5):2040. https://doi.org/10.3390/su12052040
Chicago/Turabian StyleGuo, Sen, Wenyue Zhang, and Xiao Gao. 2020. "Business Risk Evaluation of Electricity Retail Company in China Using a Hybrid MCDM Method" Sustainability 12, no. 5: 2040. https://doi.org/10.3390/su12052040