Evaluating the Input/Output Efficiency between Science-Technology and Finance via Analytic Hierarchy Process

Abstract

This paper concentrates on the problem of Input/Output efficiency between science-technology and finance, and this problem is of great importance for modern society development. Firstly, we illustrate the analytic hierarchy process, which can adopt the relative evaluations computed by a decision maker. Considering the standard analytic hierarchy process model needs to exact judgments, it is impossible to obtain precise judgments by AHP. Therefore, we introduce fuzzy theory to the standard analytic hierarchy process. Secondly, an index system for the input/output efficiency evaluation problem is proposed, which covers two goals: 1) Financial investment, and 2) Science and technology output. Particularly, thirteen indexes are included in this index system. Finally, in the experiment, we collect experimental data from Chinese statistical yearbook, and experimental results demonstrate the effectiveness of our method.