SECTOR ANALYSIS OF TURKISH MARKETS USING THE PROMETHEE METHOD

Abstract

Purpose- This study has two main objectives. The first is to describe the solutions possible with the PROMETHEE method. The second is related to an analysis of sector performance in Turkish markets. Methodology- The PROMETHEE method was used in the study. PROMETHEE is one of the multi-criteria decision-making MCDM methods. The best-known methods are PROMETHEE I and PROMETHEE II. Findings- According to the PROMETHEE II method, the best-performing sectors in 2014-2016 were Manufacturing, Transportation and Storage, Information and Communications, Electricity, Gas, Steam and Airconditioning Supply, Human Health and Social Work, Wholesale and Retail Trade, Construction, Accommodation, and Food, respectively. Conclusion- While Manufacturing and Transportation, Storage and Information, and Communications ranked in the top tiers in sector performance as expected, the Construction sector did not perform well, contrary to our expectations.

Keywords

• PROMETHEE I
• PROMETHEE II
• Multi-Criteria Decision-Making (MCDM)
• Decision Maker
• Sector Analysis

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