A new preference disaggregation TOPSIS approach applied to sort corporate bonds based on financial statements and expert's assessment

This paper presents a new version of the TOPSIS method for sorting problems. The proposed method, called Preference Disaggregation on Technique for Order of Preference by Similarity to Ideal Solution - Sort (PDTOPSIS-Sort), is based on nonlinear programming for inferring parameters and uses expert's holistic evaluations. The existing TOPSIS-Sort method demands a significant number of parameters from the expert, including the definition of...