Sovereign Credit Risk Assessment with Multiple Criteria Using an Outranking Method

<table class="fixed-width table-group" id="tab8"><tr><td><table class="table"><colgroup><col style="width:4.47em"/><col style="width:7.99em"/><col style="width:8.41em"/></colgroup><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Ratings </td><td class="align_center">Country</td><td class="align_center">MCDM/A Model</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left" rowspan="2">C1</td><td class="align_center">Chile</td><td class="align_center">C2</td></tr><tr><td class="align_center">Israel</td><td class="align_center">C2</td></tr><tr><td class="align_left" colspan="3"><hr/></td></tr><tr><td class="align_left" rowspan="3">C2</td><td class="align_center">Colombia</td><td class="align_center">C3</td></tr><tr><td class="align_center">Azerbaijan</td><td class="align_center">C3</td></tr><tr><td class="align_center">Uruguay</td><td class="align_center">C3</td></tr><tr><td class="align_left" colspan="3"><hr/></td></tr><tr><td class="align_left" rowspan="5">C3</td><td class="align_center">Hungary</td><td class="align_center">C1</td></tr><tr><td class="align_center">Argentina</td><td class="align_center">C2</td></tr><tr><td class="align_center">Bulgaria</td><td class="align_center">C2</td></tr><tr><td class="align_center">Belarus</td><td class="align_center">C2</td></tr><tr><td class="align_center">Macedonia, FYR</td><td class="align_center">C2</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Alternatives with different allocations for each category considered in the application.</div>

Mathematical Problems in Engineering

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Table 8

Table 8: Sovereign Credit Risk Assessment with Multiple Criteria Using an Outranking Method 