@article{(Open Science Index):https://publications.waset.org/pdf/16126, title = {Comparative Analysis of the Public Funding for Greek Universities: An Ordinal DEA/MCDM Approach}, author = { Yiannis Smirlis and Dimitris K. Despotis}, country = {}, institution = {}, abstract = { This study performs a comparative analysis of the 21 Greek Universities in terms of their public funding, awarded for covering their operating expenditure. First it introduces a DEA/MCDM model that allocates the fund into four expenditure factors in the most favorable way for each university. Then, it presents a common, consensual assessment model to reallocate the amounts, remaining in the same level of total public budget. From the analysis it derives that a number of universities cannot justify the public funding in terms of their size and operational workload. For them, the sufficient reduction of their public funding amount is estimated as a future target. Due to the lack of precise data for a number of expenditure criteria, the analysis is based on a mixed crisp-ordinal data set.}, journal = {International Journal of Economics and Management Engineering}, volume = {7}, number = {8}, year = {2013}, pages = {2327 - 2332}, ee = {https://publications.waset.org/pdf/16126}, url = {https://publications.waset.org/vol/80}, bibsource = {https://publications.waset.org/}, issn = {eISSN: 1307-6892}, publisher = {World Academy of Science, Engineering and Technology}, index = {Open Science Index 80, 2013}, }