An Integrated Decision-Making Approach with Golden Cut and Bipolar q-ROFSs to Renewable Energy Storage Investments

Xu, Ximing; Yüksel, Serhat; Dınçer, Hasan

doi:10.1007/s40815-022-01372-2

Cited by 69 publications

(15 citation statements)

References 43 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Nevertheless, Li et al [28] concluded that some negative aspects also lead to a decrease in the efficiency of solar energy projects. Especially at night and in winter, solar energy is less [29]. This situation causes the amount of electricity produced to be less.…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Assessing the Electricity Production Capacities of Emerging Markets for the Sustainable Investments

et al. 2023

Self Cite

View full text Add to dashboard Cite

It is essential to supply the necessary electricity for both the increase in the quality of life of the citizens and the stable growth of the country's economy. For countries to have energy independence, they need to increase their electricity generation capacity. However, all alternatives required to increase electrical capacity have both advantages and disadvantages. Within this scope, it is not easy for countries to make the right investment decisions. Therefore, a comprehensive analysis is needed to determine the right investment policy. The purpose of this study is to evaluate the electricity production capacities of emerging markets. A new fuzzy decision-making model has been constructed to find a solution for this situation. The groups for the electricity production capacities are examined by the extension of DEMATEL with Quantum Spherical fuzzy sets and golden ratio. In the following stage, emerging seven economies are ranked by using QSF TOPSIS technique. This situation helps to understand which of these countries are more successful in generating electricity capacity effectively. The main novelty is to define the most significant electricity generation alternatives by a novel model that integrates DEMATEL and TOPSIS with QSFSs and golden ratio. The results demonstrate that solar photovoltaic is the most optimal way to increase electricity capacity of the countries. Additionally, China is the most successful emerging country to generate electricity in an efficient way. Countries should take some actions to increase their solar energy investments. First, it would be appropriate to provide tax exemptions to solar energy investors so that the costs of these projects can be decreased. Additionally, investments in solar energy technologies need to be further increased.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

“…This method is used together with QSFSs in the model created [49]. Decision matrix (X) is constructed with the evaluations as in Equation (29).…”

Section: The Extension Of Topsis With Qsfssmentioning

confidence: 99%

Assessing the Electricity Production Capacities of Emerging Markets for the Sustainable Investments

et al. 2023

Self Cite

View full text Add to dashboard Cite

show abstract

“…For this purpose, golden ratio (G) is used in this proposed model. Equations ( 9) and ( 10) give information about this process in which a and b demonstrate the large and small quantities (Xu et al, 2023;Sun et al, 2022). Equations ( 11) and ( 12) explain the amplitude of non-membership and hesitancy degrees and Equations ( 13)-( 15) refer to the phase angles of membership, non-membership, and hesitancy degrees in Quantum Spherical fuzzy sets.…”

Section: 𝑄(|𝑢 >) = 𝜑𝑒 𝑗𝜃mentioning

confidence: 99%

Serving SDGs via Bank Mergers: Neuro-Quantum Fuzzy Analysis of SDG-Based Bank Mergers in Qatar

Al-Binali¹,

Aysan²,

Dınçer³

et al. 2023

Preprint

View full text Add to dashboard Cite

This paper analyzes the potential strategies for a bank merger from a Sustainable Development Goals (SDG) perspective, focusing on three key criteria: profitability, market share, and service quality. In the short-term, the merged bank should prioritize optimizing financial performance through cost management, revenue stream identification, and risk management practices. Market share expansion can be achieved through targeted customer acquisition and retention efforts, market research, and competitive analysis. Service quality can be enhanced through improved customer service, efficient complaint resolution processes, and leveraging technology. These short-term plans align the merged bank's operations with the identified criteria and promote responsible banking practices that contribute towards the SDGs. In the long-term, the merged bank should focus on diversifying revenue streams, expanding its customer base, and optimizing cost structure. Long-term strategies should include establishing a strong brand presence, customer loyalty programs, and continuous improvement in service quality. The paper emphasizes the importance of monitoring progress, making necessary adjustments, and aligning with SDGs for sustained profitability and long-term success in the marketplace. The findings of this study provide valuable insights for banks considering a merger and highlight the significance of considering SDGs in their strategic planning.

show abstract

“…There are different views on how to calculate degrees in spherical fuzzy sets. In this study, criteria related to golden ratio (G) are considered (Xu et al, 2022). The division of the extreme (b) and mean ratio (a) in a straight line is considered for this situation as in Equations ( 9) and ( 10…”

Section: Quantum Spherical Fuzzy Sets With Golden Cutmentioning

confidence: 99%

New Horizons in Bank Mergers: A Quantum Spherical Fuzzy Decision-Making Framework for Analyzing Islamic and Conventional Banks Mergers and Enhancing Resilience

Al-Binali¹,

Aysan²,

Dınçer³

et al. 2023

Preprint

View full text Add to dashboard Cite

This study explores the implications of merging two fundamentally different types of banks: Islamic and conventional banks. The research aims to provide insight into such a merger's unique opportunities and challenges and offer strategic guidance for future mergers. A balanced scorecard-based strategic analysis using Quantum Spherical Fuzzy Decision-Making Approach was used to develop the merged bank's short- and long-term strategic plans. The balanced scorecard included 12 key performance indicators (KPIs) in 4 groups, and the methodology also incorporated several questions to guide the analysis. The study results offer valuable insights into the potential opportunities and challenges of merging these two types of banks and strategic recommendations for stakeholders at all levels. The study is a valuable guideline for future mergers between similar or different types of banks. Overall, the findings suggest that a well-planned merger strategy is essential for avoiding challenges and maximizing the benefits of merging Islamic and conventional banks. By integrating the strengths of both types of banks, a merged entity could create a competitive advantage and potentially improve financial performance. However, this requires careful consideration of cultural differences, regulatory challenges, and other factors that could impact the merger's success.

show abstract

An Integrated Decision-Making Approach with Golden Cut and Bipolar q-ROFSs to Renewable Energy Storage Investments

Cited by 69 publications

References 43 publications

Assessing the Electricity Production Capacities of Emerging Markets for the Sustainable Investments

Assessing the Electricity Production Capacities of Emerging Markets for the Sustainable Investments

Serving SDGs via Bank Mergers: Neuro-Quantum Fuzzy Analysis of SDG-Based Bank Mergers in Qatar

New Horizons in Bank Mergers: A Quantum Spherical Fuzzy Decision-Making Framework for Analyzing Islamic and Conventional Banks Mergers and Enhancing Resilience

Contact Info

Product

Resources

About