INVESTMENT DECISION MAKING ALONG THE B&amp;R USING CRITIC APPROACH IN PROBABILISTIC HESITANT FUZZY ENVIRONMENT

Wang, Zengwen; Zhang, Shitao; Chen, Yaofeng

doi:10.3846/jbem.2020.13182

Cited by 21 publications

(10 citation statements)

References 45 publications

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“…One of the most relevant points to highlight is that most of the B companies operating in the tourism and social entrepreneurship sectors for decades demonstrate their compliance with the quality of their services, organizational climate and process quality [109,110]. In this sense, B certification is not in opposition to other pre-existing certifications [111][112][113].…”

Section: Discussionmentioning

confidence: 99%

The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America

et al. 2021

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One of the particularities of companies with a social purpose is that, through their business model of B companies, they have incorporated into their processes the necessary mechanisms to obtain, simultaneously, the profits to ensure the existence of the organization in the market. At the same time, social value is generated, which is necessary to address the problems of the social crisis caused by COVID-19 and the environmental problems affecting the community. The current global health and economic crisis has opened up the possibility of adopting business model B and focusing more on the individual. Based on the grounded theory method, we have examined 3500 B Corporations in Latin America, of which 57 were examined in 10 countries listed in the Directory of B Corporations for Latin America. The main conclusions are that B Corporations dedicated to tourism through responsible entrepreneurship develop a more inclusive, sustainable and environmentally friendly economy for the benefit of society, go beyond the notion of CSR and move away from traditional business, as B Corporations combine social development and economic growth.

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Section: Discussionmentioning

confidence: 99%

The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America

et al. 2021

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“…Te weight of the evaluation indicator refects its importance to the research object to a certain extent. In the comprehensive evaluation of multiple indicators, diferent weighting methods will cause diferences in the evaluation results, so it is necessary to choose the weighting methods scientifcally and reasonably in combination based on the characteristics of the indicator and the research object [34]. As an objective weighting calculation model, the CRITIC method fully exploits the attributes of the indicator data, takes into account the variability within the indicators and the confict between the indicators to determine the objective weights, and the weighting results are more reliable and reasonable.…”

Section: Methodsmentioning

confidence: 99%

“…As an objective weighting calculation model, the CRITIC method fully exploits the attributes of the indicator data, takes into account the variability within the indicators and the confict between the indicators to determine the objective weights, and the weighting results are more reliable and reasonable. In the traditional CRITIC method, the variability of indicators is represented by standard deviation, and the larger the standard deviation of data, the stronger the variability is represented and the higher the weight is assigned; the confict of indicators is quantifed by the correlation coefcient, and the larger value of the correlation coefcient between indicators, the smaller the confict, and the more overlapping information the indicators contain, the lower the weight is assigned [34][35][36][37][38].…”

Section: Methodsmentioning

confidence: 99%

Risk Assessment of Distracted Driving Behavior Based on Visual Stability Coefficient

Wang

Ding

Wang

2023

Journal of Advanced Transportation

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Cell phone call operations during driving can lead to distraction and cause potential safety hazards. In order to quantitatively characterize the influence of cell phone call mode on the driver’s visual behavior in different traffic conditions and to analyze the risk level of distracted driving from the visual level, a distracted driving simulation test was carried out based on a driving simulator and eye tracker. The eye movement data of drivers during normal driving, hands-free call, and video call under two typical traffic conditions of free flow and congested flow on the urban expressway were collected. Firstly, four visual characteristics indicators that were highly sensitive to traffic conditions and driving states were selected in terms of visual field range, visual recognition, visual search, and visual load, which were the information entropy of fixation area (IEFA), saccade amplitude, peak-to-average ratio of saccade velocity (PARSV), and relative change intensity of pupil area (RCPA). Then, based on the improved CRITIC method, the visual stability coefficient (VSC) was constructed as a new indicator to comprehensively assess the risk level of the driving state, and the assessment criteria were divided. Finally, the grey correlation analysis method was introduced to verify the assessment effect of VSC. The results show that different cell phone call modes increased driving risk in both traffic conditions. Among them, the negative influence of video calls on driving safety was significantly higher than that of hands-free calls, with a significant decrease in VSC, and the drivers’ VSC in the free flow scenario was more sensitive to the impact of cell phone call operation, and the driving risk increased significantly during distracted driving. The VSC can quantitatively assess driving risk from the perspective of visual psychological safety and contributes to the development of corresponding early warning and control measures.

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“…Liu et al. ( 2020b ) constructed an investment decision model based upon an improved distance measure and CRITIC method under probabilistic hesitant fuzzy environment. Afterwards, Wu et al.…”

Section: Related Workmentioning

confidence: 99%

An extended MABAC method based on prospect theory with unknown weight information under Fermatean fuzzy environment for risk investment assessment in B&R

Tan

Liu

Senapati

et al. 2022

J Ambient Intell Human Comput

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The assessment of investment risk for the countries along the route in Belt and Road (B&R) can be deemed as a multiple criteria group decision making (MCGDM) issue since multiple investment options based on diverse criterions are assessment by experts. Pondering that the complexity and uncertainty of the assessment setting and the cognition fuzziness and psychological behavior of experts bring challenges to risk assessment, this paper designed an integrated MCGDM risk investment evaluation framework by synthesizing MABAC method and prospect theory under Fermatean fuzzy setting. Firstly, a Fermatean fuzzy interactive distance measure is presented to ascertain the weight of evaluation experts and criterions. Next, some Fermatean fuzzy Frank aggregation operators based upon the proposed Frank operations are developed to fuse Fermatean fuzzy information efficiently. In addition, an innovative evaluation framework for risk investment is designed based on improved prospect theory MABAC and CRITIC approaches. Conclusively, an empirical concerning risk investment issues in B&R is employed to confirm the applicability and feasibility of the constructed evaluation framework, involving the simulation experiments on sensitivity analysis and contrast studies. The assessment information provided by investors using the linguistic assessment terms based upon their cognition ability of them. These outcomes obtained by the propounded method and comparison analysis further emphasize the validity and salient merits of the propounded framework and provide several auxiliary suggestions for investors.

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INVESTMENT DECISION MAKING ALONG THE B&R USING CRITIC APPROACH IN PROBABILISTIC HESITANT FUZZY ENVIRONMENT

Cited by 21 publications

References 45 publications

The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America

The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America

Risk Assessment of Distracted Driving Behavior Based on Visual Stability Coefficient

An extended MABAC method based on prospect theory with unknown weight information under Fermatean fuzzy environment for risk investment assessment in B&R

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