IDEAS home Printed from https://ideas.repec.org/a/spr/snopef/v4y2023i1d10.1007_s43069-022-00178-0.html
   My bibliography  Save this article

Assessing Potential of Organizations with Fuzzy Entropy

Author

Listed:
  • Manish Aggarwal

    (IIT Jodhpur
    IIT Jodhpur)

  • R. Krishankumar

    (Amrita Vishwa Vidyapeetham)

  • K. S. Ravichandran

    (Amrita Vishwa Vidyapeetham)

  • T. Senapati

    (Southwest University)

  • R. R. Yager

    (Iona College)

Abstract

Assessing the performance of organizations in the near future has been a challenging problem because of the factors of subjective assessment of the uncertainty. To cater to such applications, a novel form of fuzzy entropy is proposed to unify the concepts of fuzzy entropy and the conventional Shannon’s entropy. The proposed entropy provides a direct and convenient framework to quantify the uncertainty associated with a firm in the near future. It is also shown that the proposed form is amenable in extending the fuzzy entropy functions to the probabilistic-fuzzy domain. Thus, the proposed form of fuzzy entropy finds a special significance in the human decision-making problems. A case study illustrates the applicability of the proposed functions in assessment of future performance of a firm.

Suggested Citation

  • Manish Aggarwal & R. Krishankumar & K. S. Ravichandran & T. Senapati & R. R. Yager, 2023. "Assessing Potential of Organizations with Fuzzy Entropy," SN Operations Research Forum, Springer, vol. 4(1), pages 1-22, March.
    • Handle: RePEc:spr:snopef:v:4:y:2023:i:1:d:10.1007_s43069-022-00178-0
    DOI: 10.1007/s43069-022-00178-0
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s43069-022-00178-0
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s43069-022-00178-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mandy M. Cheng & Kerry A. Humphreys, 2016. "Managing strategic uncertainty: The diversity and use of performance measures in the balanced scorecard," Managerial Auditing Journal, Emerald Group Publishing, vol. 31(4/5), pages 512-534, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Laura Broccardo & Simona Alfiero & Francesca Culasso, 2024. "Enhancing Performance Management Systems in a challenging environment," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2024(1), pages 5-14.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:snopef:v:4:y:2023:i:1:d:10.1007_s43069-022-00178-0. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.