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Intuitionistic Fuzzy Cognitive Maps for Corporate Performance Modeling

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F15%3A39899801" target="_blank" >RIV/00216275:25410/15:39899801 - isvavai.cz</a>

  • Result on the web

    <a href="http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf" target="_blank" >http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Intuitionistic Fuzzy Cognitive Maps for Corporate Performance Modeling

  • Original language description

    Fuzzy cognitive maps (FCMs) extend cognitive maps to design both the concepts and the relations between the concepts more accurately. The original causality may be represented by a fuzzy relation to express the uncertainty in causal connections. Intuitionistic FCMs (iFCMs) generalize the FCMs with a strong capacity to express uncertainty and to handle hesitancy in decision making. Despite the increasing body of business decision-making literature using intuitionistic fuzzy sets, no attention has been paid to business applications of iFCMs. This paper develops an iFCM model for corporate performance modeling. Here we combined text analysis with knowledge acquisition from experts to assess the connections in the iFCMs. In the analysis of the designed system, we focus on the target concepts represented by sales, costs and profitability. We tested two models of iFCMs, one with hesitancy in connections and the other one with hesitancy in both connections and concept values. We show that the

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    IN - Informatics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GA13-10331S" target="_blank" >GA13-10331S: The role of text information in corporate financial distress prediction models – country-specific and industry-specific approaches</a><br>

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 33rd International conference Mathematical Methods in Economics

  • ISBN

    978-80-261-0539-8

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    683-688

  • Publisher name

    Západočeská univerzita v Plzni

  • Place of publication

    Plzeň

  • Event location

    Cheb

  • Event date

    Sep 9, 2015

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article