scholarly journals Using Improved Prospect Theory to Develop a Partner Selection Method for Virtual Enterprises with Unknown Weight

2020 ◽  
Vol 2020 ◽  
pp. 1-16
Author(s):  
Nina Su ◽  
Xianqi Zhu ◽  
Yunsheng Xin
Keyword(s):  
Prospect Theory ◽  
Evaluation Model ◽  
Virtual Enterprise ◽  
Risk Attitude ◽  
Virtual Enterprises ◽  
Market Demand ◽  
Fuzzy Language ◽  
Effective Organization ◽  
Language Environment

A “virtual enterprise” is an effective organization formed by enterprises and partners under market opportunity which can flexibly adapt to the dynamic market demand and improve the competitiveness of enterprises. To select virtual enterprise partners objectively and scientifically, this study proposes the evaluation model of the innovation resource capability of the alternative enterprises under the unknown weight. In the multigranularity hesitation fuzzy language environment, the unknown weight is solved by using fuzzy entropy theory. The risk attitude of decision-making enterprises is introduced by using the improved prospect theory and the selection of partners is comprehensively considered. Finally, a case study is presented to demonstrate the effectiveness of the proposed approach. The research intends to enable the virtual enterprise to choose the partners swiftly such that they can compensate for the shortcomings and optimize the allocation of innovation resources.

Analysis of Individual Risk Attitude for Risk Management Based on Cumulative Prospect Theory

2009 ◽  
pp. 254-270
Author(s):  
Fei-Chen Hsu ◽  
Hsiao-Fan Wang
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Prospect Theory ◽  
Evaluation Model ◽  
Risk Attitude ◽  
Cumulative Prospect Theory ◽  
Risk Level ◽  
Individual Risk ◽  
Court Case ◽  
Risk Response

In this chapter, we used Cumulative Prospect Theory to propose an individual risk management process (IRM) including a risk analysis stage and a risk response stage. According to an individual’s preferential structure, an individual’s risk level for the confronted risk can be identified from risk analysis. And based on a response evaluation model, the appropriate response strategy is assessed at the risk response stage. The applicability of the proposed model is evaluated by an A-C court case. The results have shown that the proposed method is able to provide more useful and pertinent information than the traditional method of decision tree by using the expected monetary value (EMV).

Evaluation of the development ability of medical association based on evidential reasoning and prospect theory

2021 ◽  
pp. 1-18
Author(s):  
Tao Zhang ◽  
Shizheng Li ◽  
Jin Wang
Keyword(s):  
Prospect Theory ◽  
Comprehensive Evaluation ◽  
Risk Attitude ◽  
Decision Makers ◽  
Evidential Reasoning ◽  
Evaluation Index System ◽  
Evaluation Index ◽  
Equivalent Transformation ◽  
Qualitative And Quantitative ◽  
Quantitative Indexes

China has proposed medical couplet body to alleviate residents’ difficulties in seeking medical treatment, and the future development ability of medical couplet body has gradually become a research interest. On the basis of prospect theory, this study constructs a comprehensive evaluation index system with qualitative and quantitative indexes, clear hierarchy, and diverse attribute characteristics. The development ability of medical couplet body is also comprehensively and systematically evaluated. In addition, the evidential reasoning method is proposed on the basis of the equivalent transformation of prospect value. Furthermore, the validity and feasibility of the model are proven through experiments, and the influence of decision makers’ risk attitude on the evaluation results is discussed.

scholarly journals Grey Clustering Evaluation for the Cooperation Efficiency of PPP Project: Taking Beijing Metro Line 4 as an Example

2019 ◽  
Vol 2019 ◽  
pp. 1-13 ◽  
Author(s):  
Hui Sun ◽  
Yingzi Liang ◽  
Yuning Wang
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Evaluation Model ◽  
Evaluation Index System ◽  
The Public ◽  
Clustering Model ◽  
Grey Clustering ◽  
Public Products ◽  
Infrastructure Project

PPP model is an important model which provides public products or services based on the coordination between the public sector and private sector. The implementation of PPP model is helpful for relieving the stress of insufficient funding for public sector and improving the efficiency of resource allocation. Comparing with traditional infrastructure project, PPP project involves many stakeholders, and the cooperation efficiency during the different stakeholders impacts the results of the project directly. Thus, it is important to explore the cooperation efficiency of PPP project. Based on grey clustering model, this paper evaluates the cooperation efficiency of PPP project. An evaluation index system including 36 indexes is established based on the aims and objectives of three stakeholders (public sector, private sector, and passengers). A case study of Beijing Metro Line 4 PPP project is implemented to verify the validity and applicability of the evaluation model. And the results showed that the cooperation efficiency of Beijing Metro Line 4 PPP project is relatively high. The model also provided insights into the shortage of the cooperation efficiency of Beijing Metro Line 4 PPP project. As such, the results can assist all stakeholders in adjusting the cooperation efficiency.

scholarly journals Balancing wood market demand and common property rights: a case study of a community in the Italian Alps

2014 ◽  
Vol 19 (5) ◽  
pp. 417-426 ◽  
Author(s):  
Alessandro Paletto ◽  
Isabella De Meo ◽  
Maria Giulia Cantiani ◽  
Dario Cocciardi
Keyword(s):  
Property Rights ◽  
Common Property ◽  
Market Demand ◽  
Italian Alps

scholarly journals The Potential Of Internationalization Of Small And Medium Micro Enterprises In SAWO Leather Crafts, Magetan District, East Java, Indonesia

2021 ◽  
Vol 2 (3) ◽  
pp. 650-659
Author(s):  
Hari Purwanto
Keyword(s):  
Small Businesses ◽  
International Market ◽  
Global Market ◽  
Marketing Channels ◽  
Research Approach ◽  
Market Demand ◽  
Data Display ◽  
Advanced Information Technology ◽  
Micro Enterprises

The Magetan leather handicraft business is one of the long-established and surviving SMEs and contributes to the creation of employment and income for the community. Currently, the marketing of leather handicraft products is still limited to meeting local and national needs so that limited market demand makes leather handicraft difficult to develop. Globalization and increasingly advanced information technology have become opportunities for the Magetanleathercraft industry to penetrate the international market, however, various obstacles arise considering that penetrating the global market is not easy for small businesses that have many limitations. The purpose of this case study is to examine the opportunities and obstacles of the Magetan leather handicraft business to penetrate the international market. This research approach is qualitative with case studies.owner of leather handicraft, owner of leathercraft marketing shop, the buyer of leathercraft, an employee of leathercraft. Data analysis includes (1) data collection (2) data display (3) data reduction and (4) conclusions.[1]The results showed that there were obstacles to the internationalization of the Magetan leather handicraft business, namely complicated international trade procedures for SMEs, No marketing channels abroad for SMEs, Limited SME resources. The solution that can be offered from this problem is not to let SMEs directly penetrate the global market independently given the limitations they have, but by providing a mediator that can bridge SMEs with foreign consumers with a Marketplace, Exporters, or Cooperatives.

scholarly journals Multi-Granularity Feasibility Evaluation Method of the Partial Destructive Disassembly for an End-of-Life Product

2021 ◽  
Author(s):  
Lei Guo ◽  
Xiufen ZHANG
Keyword(s):  
End Of Life ◽  
Evaluation Method ◽  
Evaluation Model ◽  
Entropy Weight ◽  
Component Level ◽  
Fine Grained ◽  
Feasibility Evaluation ◽  
Entropy Weight Method ◽  
Weight Method

Abstract Partial destructive disassembly (PDD) is essential for end-of-life products to improve their automatic disassembly efficiency and reduce disassembly cost. A feasibility evaluation of the PDD is the key step to evaluate whether the PDD can be implemented. However, it has not been studied previously to our knowledge. To deal with this problem, a multi-granularity feasibility evaluation method is proposed. A multi-granularity feasibility evaluation model of the PDD was constructed based on the complex product’s hierarchical structure, which not only described the evaluation indices from the product level to the component level but also presented methods and rules to quantify them. 1Thus, disassembly entropy was introduced into the target group’s coarse granularity evaluation. The feasibility of the fine-grained index of the PDD for the component layer was constructed based on the product’s failure characteristic. The fine-grained index was calculated by the fuzzy trigonometric function and its weighting was obtained based on the structure entropy weight method. Thus, the results of the evaluation were used as feedback to guide the PDD process. Finally, a Passat engine case study illustrates the feasibility and effectiveness of the method.

scholarly journals POTENSI PENGEMBANGAN USAHA BUDIDAYA IKAN PATIN (Pangasius SP) DI DESA TATELU KABUPATEN MINAHASA UTARA

2017 ◽  
Vol 5 (9) ◽  
Author(s):  
Agus Rumimpunu ◽  
Jardie A. Andaki ◽  
Victoria E.N. Manoppo
Keyword(s):  
Key Words ◽  
Channel Catfish ◽  
Community Education ◽  
Positive Impact ◽  
Secondary Data ◽  
Business Development ◽  
Fish Disease ◽  
Market Demand ◽  
Village Community

AbstractThe objective of this research was to study the potential business development  of Channel catfish farming  (Pangasius sp) in Tatelu Village North Minahasa regency.  This research was a case study and the data collected was analyzed qualitatively and quantitative. Observation and interview to Tatelu village community were used to gather the primary and secondary data. The results of the research showed that the land, fries, and feed can be used for the potential businnes development of farming  channel catfish  in Tatelu village of North Minahasa Regency. The problems faced by fish culturist included  cost, fish disease, level of community education and market demand. The skill of fish culturist needed to be develop through education , training and socialization about the benefits of fish culture. This was important due to the development of channel catfish farming had positive impact  increasing people welfare. This is important because the development of channel catfish farming has a positive impact on improving people's economi Key words : channel catfish, tatelu village, business development

scholarly journals THE EVALUATION OF DISTANCE LEARNING IN PANDEMIC ERA: CASE STUDY OF FINANCIAL EDUCATION AND TRAINING AGENCY OF MAKASSAR

2020 ◽  
Vol 4 (6) ◽  
Author(s):  
Azwar Iskandar ◽  
Achmat Subekan
Keyword(s):  
Evaluation Model ◽  
Financial Education ◽  
Learning Gain ◽  
Training Performance ◽  
Implementation Evaluation ◽  
Training Materials ◽  
Effectiveness Of Training ◽  
Knowledge And Attitude ◽  
And Training

The objectives of this research are to: (i) evaluate the trainees’s satisfaction on trainers and training performance; (ii) evaluate learning gain or improvement of trainees’s skills, knowledge, and attitude after training; and (iii) know the significant obstacles that can reduce the effectiveness of training. Using the Kirkpatrick Evaluation Model through questionnaire, interview, and descriptive statistics method, this research reveals that: (i) the overall aspect of the implementation evaluation was assessed by participants in the good category although it could not meet the level of expectations of participants that could be seen from the ratio of the average total perception to reality below 100%. On the other hand, the trainers aspect has been able to meet the expectations of participants where the overall level of trainers performance has been assessed by participants and entered into the category of very good; (ii) the results of the evaluation analysis at Level 2 (learning gain) show that most participants graduate with good predicate and get an up/up score so that it can be said that participants have gained additional knowledge after attending the training; (iii) although in general the evaluation results showed good results, there are still some obstacles faced by participants in attending the training. In terms of organizing, participants generally complained about inadequate internet quality in some areas. Meanwhile, in the trainers aspect, participants generally give feedback that teachers can multiply case studies and raise the latest issues in the confectionery of problems related to training materials.

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