Table 3 Synthesis of models studied to understand the decision-making process
From: Credit granting sorting model for financial organizations
Author | Study objective | Contribution |
|---|---|---|
Baucells and Sarin (2003) | Focused on group decisions in which individuals or committees share the responsibility for choosing between alternative proposals for action | Group decision model |
Hochbaum and Levin (2006) | Conducted classification method reviews | Sorting model |
Doumpos and Zopounidis (2010) | Developed a Decision Support System based on several criteria to measure financial risks in banking institutions | Multicriteria decision support systems |
Zopounidis and Doumpos (2013) | Conducted portfolio selection and corporate performance evaluation using various approaches to multicriteria modeling tools | Multicriteria decision models |
Figueira et al. (2013) | Studied about ELECTRE methods and their recent extensions | Presented an overview of ELECTRE methods and their recent extensions |
Saaty (2013) | Explored decision factors and judgments by DMs | Decision-making model and methodology |
Ulucan and Atici (2013) | Developed an approach to classifying problems that deal with more than one classification criterion involving multiple alternatives | Sorting model |
Lin et al. (2015) | Investigate primary innovative Internet-based financial services | Financial services |
Zhang et al. (2015) | Developed a credit risk assessment model based on SVM for small and medium enterprises in supply chain finance | Credit risk assessment model |
Pérez-Aróstegui et al. (2015) | Explored the relationship between information technology (IT) competence and quality management | Contextualization of IT in the decision-making process |
Angilella and Mazzù (2015) | Used multicriteria decision-making methods and conducted a credit-risk analysis with the help of ELECTRE TRI-B methods | Decision-making methodology |
Wu and Kou (2016) | A consensus model for Group Decision-Making (GDM) | Decision-making method |
Asongu and Nwachukwu (2017) | Investigated how an increase in information-sharing bureaus affects financial access | Information |
Chen et al. (2017) | The development of Financial Technology (FinTech) in areas such as mobile Internet, cloud computing, big data, search engines, and blockchain technology | Financial Technology |
Alhassany and Faisal (2018) | They examined how the decision to adopt internet banking in North Cyprus would be affected based on the following dimensions: the technology features, the personal characteristics, the social environment, and the expected risk | Information technology |
Moradi and Rafiei (2019) | Presented a model that is both more flexible to politico-economic factors and can yield results that are max compatible with real-life situations | Credit risk assessment model |
Guo et al. (2019) | Developed a decision-aid approach to risk classification problems | Risk classification and decision model |
Çalı and Balaman (2019) | Developed a group decision-making methodology for solving problems efficiently under uncertain conditions | Uncertainty/decision methodologies |
Doumpos and Figueira (2019) | Used the ELECTRE TRI-nC method to build internal credit-rating models with a judgment structure based on a credit specialist's evaluations | Multicriteria decision-making methodology |
Gaganis et al. (2020) | Developed a multicriteria decision model to assist in the risk-assessment process of operations | Multicriteria decision model |