A Fuzzy Logic Method for Assessment of Risk Management Capability

Zlateva, P.; Velev, D.; Raeva, L.

doi:10.7763/ijimt.2015.v6.612

Cited by 4 publications

(2 citation statements)

References 3 publications

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“…A segment is more satisfied when the similarity ratio is close to 1. This approach has been widely used in different contexts of decision (Athanassopoulos and Podinovski, 1997; Awasthi et al , 2011; Bin et al , 2015; Chang and Yeh, 2001; Chen and Hwang, 1991; Hossain et al , 2015; Hou and Xiao, 2015; Martín et al , 2017; Saeida Ardakani et al , 2015; Yeh et al , 2000; Zeleny, 1998; Zlateva et al , 2015).…”

Section: Satisfaction Fuzzy Logic and Ideal Solutionsmentioning

confidence: 99%

A cultural analysis of the secondary housing tourism in Vilcabamba, Ecuador

Martı́n

Bustamante-Sánchez

2019

IJHMA

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Purpose This study aims to determine the level of satisfaction of secondary housing tourists in Vilcabamba. Design/methodology/approach The analysis of satisfaction of this tourism segment in a destination is essential for the different economic agents when evaluating various policies. The analysis is based on the answers provided to 16 items in a questionnaire administered to a representative sample (281 respondents). The authors have used the fuzzy logic to reduce ambiguity in the answers associated to subjective views of human beings who express themselves linguistically. A method based on the degree of similarity to ideal solutions has been used to obtain a classification of relevant satisfaction items. Findings The results indicate that the ideal solutions segments are represented by multicultural characteristics of second home tourists and the number of years they have been visiting Vilcabamba. The authors find that foreign tourists are more satisfied than Ecuadorians. Analyzing the most critical factors, it is seen that accessibility to the destination, socio-cultural environment and quality of water achieve a high priority. Research limitations/implications Second home tourists’ satisfaction has been studied with a limited set of 16 attributes, and some attributes also have a multidimensional nature, so a further study analyzing the scale will be needed in the future. Originality/value The present study fills an existing gap in the literature of secondary housing tourism where the existing previous research has been mainly focused on retirees’ secondary housing tourism. The study provides interesting insights into local and national authorities, as well as other economic agents, to designing strategies and planning processes of the destinations for secondary housing tourists.

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Section: Satisfaction Fuzzy Logic and Ideal Solutionsmentioning

confidence: 99%

A cultural analysis of the secondary housing tourism in Vilcabamba, Ecuador

Martı́n

Bustamante-Sánchez

2019

IJHMA

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“…This approach has been widely used in different contexts decision (see, for example, Athanassopoulos and Podinovski, 1997;Awasthi, et al, 2011;Bin, et al, 2015;Chang and Yeh, 2001;Chen and Hwang, 1991;Hossain, et al, 2015;Hou and Xiao, 2015;Mir, et al, 2016;Saeida Ardakani, et al, 2015;Yeh, Deng and Chang, 2000;Zeleny, 1998;Zlateva, Velev and Raeva, 2015). These examples come from different fields of social research, however, to our knowledge is the first time that is applied to analyze the QOL.…”

Section: Fuzzy Logic and The Ideal Solutionsmentioning

confidence: 99%

Fuzzy Logic Methods to Evaluate the Quality of Life in the Regions of Ecuador

Martı́n¹,

Merecí²

2017

QIP Journal

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Purpose: The aim of this paper is to propose a methodological framework that calculates a synthetic indicator of satisfaction of citizens of the nine geographical areas of planning and development of Ecuador (zones). Methodology/Approach:The methodology is based on fuzzy logic and the degree of similarity to ideal solutions. The information is obtained through the application of a structured survey based on the European Social Survey to the Ecuadorian society. The analysis is based on eight different dimensions of satisfaction, namely: (1) Life; (2) Economy; (3) City Government; (4) Transparency; (5) Education; (6) Health System; (7) Roads; and (8) National Government. Findings:The results obtained help different stakeholders to have important insights about how the citizens' quality of life and satisfaction depend to some extent on important public services that form the pillars of the social welfare, education and health system. However, our results also suggest that other areas of Ecuador can also benefit from the improvement of the policies developed by the local governments.Research Limitation/implication: An important research limitation is based on the limited number of segment variables used in the study, the geographical zones. Thus, an important venue for future research can be envisaged including other interesting traits analyzed by other scholars, like access to the internet, the social class or the size of the city. Originality/Value of paper:The analysis of individual satisfaction and citizens' quality of life is paramount by the existing interdependence with social cohesion that exists nowadays in Ecuador.

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Fuzzy Logic in Finance

Spoz,

Zioło

2023

Palgrave Studies in Impact Finance

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A Fuzzy Logic Method for Assessment of Risk Management Capability

Cited by 4 publications

References 3 publications

A cultural analysis of the secondary housing tourism in Vilcabamba, Ecuador

A cultural analysis of the secondary housing tourism in Vilcabamba, Ecuador

Fuzzy Logic Methods to Evaluate the Quality of Life in the Regions of Ecuador

Fuzzy Logic in Finance

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