Applications of Fuzzy Systems in Management, Innovation and Sustainability

A special issue of Mathematics (ISSN 2227-7390). This special issue belongs to the section "Fuzzy Sets, Systems and Decision Making".

Deadline for manuscript submissions: closed (31 December 2021) | Viewed by 2563

Special Issue Editors


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Administration Department, Universidad Católica de la Santísima Concepción, Alonso de Ribera 2850, Concepción, Chile
Interests: finance; management; economic
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Guest Editor
School of Business Administration, Pedagogical and Technological University of Colombia, 150003 Tunja, Colombia
Interests: uncertainty; decision making problems; strategy; entrepreneurship; aggregation operators

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Department of Accounting and Business Administration, Universidad Michoacana de San Nicolas de Hidalgo, 58000 Morelia, Mexico
Interests: innovation management; competitiveness; fuzzy logic; regional development

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Guest Editor
Business School, University of Barcelona, 08007 Barcelona, Spain
Interests: fuzzy systems; uncertainty; decision making

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Guest Editor
School of Information, Systems, and Modelling, University of Technology Sydney, Ultimo NSW 2007, Australia
Interests: decision making; aggregation operators; computational intelligence; bibliometrics

Special Issue Information

Dear Colleagues,

This Special Issue presents the extended version of selected papers presented at the ICONIS 2021 congress. All accepted papers will follow a strict peer review process to reach the quality standards of an international journal.

The ICONIS 2021 congress is related to the Iberoamerican Network of Competitiveness, Innovation, and Development (REDCID), whose main objective is to quantify the multiplying effect of light innovation capabilities in the company and its impact on the progress and wellbeing of Ibero-America. More than 10 universities at the Ibero-American level are affiliated to this network.

The main themes of the Special Issue are focused on innovation because in order to have a knowledge-driven economy, knowledge-based organizations are needed (Yildirmaz et al. 2018; Merigo et al. 2016). To do that, a variety of disciplines such as engineering, management, economics, business, and many more are applied and combined in order to generate different types of innovation (Hashimoto, 2012). A common characteristic in the innovation process is the necessity to reduce uncertainties and risks (Koschatzky, 1998).

The other main topic of the conference is the use of fuzzy methodologies (Merigo et al. 2015; Zadeh, 1965) that allow improving decision making in organizations within different strategic areas (Blanco-Mesa et al., 2017; Gil-Lafuente, 2005). Within the fuzzy methodologies that help to incorporate the expertise, knowledge, and expectations of the decision maker is the ordered weighted average (OWA) operator developed by Yager (1988) several extensions of which have been developed (He et al. 2017; Yager et al., 2011).

(1)       Conference name

  • IV International Congress to the Innovation and Sustainability (ICONIS 2021)

(2)    Conference venue and dates;

  • October 28-29 Australia
  • University of Technology Sydney

(3)    Key topics of the conference;

  • Soft computing
  • Management innovation
  • Sustainability
  • Modelling and Simulation
  • Business
  • Finance
  • Social innovation
  • Fuzzy logic
  • Computational intelligence
  • Management
  • Marketing
  • Simulation
  • Modeling
  • Bibliometrics

References

Blanco-Mesa, F., Merigó, J.M., & Gil-Lafuente, A.M. (2017). Fuzzy decision making: A bibliometric-based review. Journal of Intelligent & Fuzzy Systems, 32, 2033–2050.

Gil-Lafuente, A.M. (2005). Fuzzy logic in financial analysis. Springer, Berlin.

Hashimoto, M., Kajikawa, Y., Sakata, I., Takeda, Y., & Matsushima, K. (2012). Academic landscape of innovation research and National Innovation System policy reformation in Japan and the United States. International Journal of Innovation and Technology Management, 9(06), 1250044.

He, X. R., Wu, Y. Y., Yu, D., & Merigó, J. M. (2017). Exploring the ordered weighted averaging operator knowledge domain: A bibliometric analysis, International Journal of Intelligent Systems, 32, 1151–1166.

Koschatzky, K. (1998). Firm innovation and region: the role of space in innovation processes. International Journal of Innovation Management, 2(04), 383-408.

Merigó, J. M., Cancino, C., Coronado, F., Urbano, D. (2016). Academic research in innovation: A country analysis. Scientometrics, 108, 559–593.

Merigó, J. M., Gil-Lafuente, A. M., & Yager, R. R. (2015). An overview of fuzzy research with bibliometric indicators. Applied Soft Computing, 27, 420–433.

Yager, R.R. (1988). On ordered weighted averaging aggregation operators in multi-criteria decision making. IEEE Transactions on Systems, Man and Cybernetics, B 18, 183-190.

Yager, R.R., Kacprzyk, J., & Beliakov, G. (2011). Recent developments in the ordered weighted averaging operators: Theory and practice. Springer-Verlag, Berlin.

Yildirmaz, H., Öner, M. A., & Herrmann, N. (2018). Impact of Knowledge Management Capabilities on New Product Development and Company Performance. International Journal of Innovation and Technology Management, 1850030.

Zadeh, L.A. (1965). Fuzzy sets. Information and Control, 8, 338-353.

Prof. Dr. Ernesto León-Castro
Dr. Fabio Blanco-Mesa
Dr. Victor Alfaro Garcia
Prof. Dr. Anna Maria Gil Lafuente
Prof. Dr. José M. Merigó Lindahl
Guest Editors

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Published Papers (1 paper)

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19 pages, 1992 KiB  
Article
Variances and Logarithmic Aggregation Operators: Extended Tools for Decision-Making Processes
by Rodrigo Gómez Monge, Evaristo Galeana Figueroa, Víctor G. Alfaro-García, José M. Merigó and Ronald R. Yager
Mathematics 2021, 9(16), 1892; https://0-doi-org.brum.beds.ac.uk/10.3390/math9161892 - 09 Aug 2021
Cited by 4 | Viewed by 1487
Abstract
Variance, as a measurement of dispersion, is a basic component of decision-making processes. Recent advances in intelligent systems have included the concept of variance in information fusion techniques for decision-making under uncertainty. These dispersion measures broaden the spectrum of decision makers by extending [...] Read more.
Variance, as a measurement of dispersion, is a basic component of decision-making processes. Recent advances in intelligent systems have included the concept of variance in information fusion techniques for decision-making under uncertainty. These dispersion measures broaden the spectrum of decision makers by extending the toolset for the analysis and modeling of problems. This paper introduces some variance logarithmic averaging operators, including the variance generalized ordered weighted averaging (Var-GOWLA) operator and the induced variance generalized ordered weighted averaging (Var-IGOWLA) operator. Moreover, this paper analyzes some properties, families and particular cases of the proposed operators. Finally, an illustrative example of the characteristic design of the operators is proposed using real-world information retrieved from financial markets. The objective of this paper is to analyze the performance of some equities based on the expected payoff and the dispersion of its elements. Results show that the equity payoff results present diverse rankings combined with the proposed operators, and the introduced variance measures aid decision-making by offering new tools for information analysis. These results are particularly interesting when selecting logarithmic averaging operators for decision-making processes. The approach presented in this paper extends the available tools for decision-making under ignorance, uncertainty, and subjective environments. Full article
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