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Title:
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APPLICATION OF THE MACBETH TECHNIQUE IN THE CREATION OF NEW PAYMENT SYSTEMS: EMPIRICAL TEST IN THE PORTUGUESE DOMAIN |
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Author(s):
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Fernando Alberto Freitas Ferreira , João Paulo De Almeida Lança Trindade |
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ISBN:
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972-98947-5-2 |
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Editors:
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Pedro Isaías, Piet Kommers and Maggie McPherson |
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Year:
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2004 |
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Edition:
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1 |
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Keywords:
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Payment Systems, Multiple Criteria Decision Analysis, MACBETH Methodology. |
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Type:
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Full Paper |
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First Page:
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574 |
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Last Page:
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580 |
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Language:
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English |
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Cover:
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Full Contents:
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click to dowload 
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Paper Abstract:
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Payment systems have received significant attention in several academic and scientific researches due to their impact in
the present economic and social situation. It is well known that payment systems based on new technologies bring
doubtless strategic and economic advantages to the sector. Thus, banks and financial companies have naturally explored
their use in order to increase their profitability. The application of concern in the present study is to present the results of
an experimental research in the structural behaviour of payment systems based on new technologies. The basis of
structuring takes into account the decision makers preferences. To achieve this major aim, the MACBETH technique is
used with the scope of determining the cardinal value function and the substitution rates for the FPV Fundamental
Points of View, on which the evaluation of alternatives is made. |
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