Title :
Ranking fragile states for support facility: A fuzzy topsis approach
Author :
Afful-Dadzie, Eric ; Nabareseh, Stephen ; Klimek, Petr ; Oplatkova, Zuzana Kominkova
Author_Institution :
Fac. of Appl. Inf., Tomas Bata Univ., Zlin, Czech Republic
Abstract :
Countries described as `fragile states´ need timely sustained assistance to help rebuild basic infrastructure and institutions. However, with available funds becoming limited and number of `fragile states´ increasing, competition for such assistances have also become intense. To select countries for the fragile states support facility, a number of unquantifiable criteria are used by the African and Asian Development banks to select countries eligible for such supports. This paper uses fuzzy TOPSIS to provide an alternative to the African Development Bank (AfDB) selection method to choose deserving countries for the fragile states support facility. A numerical example based on pre-defined triangular fuzzy numbers (TFN) is used to demonstrate how selection and rankings of such countries can be carried out. The proposed method can deepen transparency and fairness in the way the bank selects countries for the support facility.
Keywords :
TOPSIS; banking; decision making; fuzzy set theory; number theory; AfDB selection method; African Development Bank selection method; Asian Development Banks; TFN; fragile state support facility; fragile states ranking; fuzzy TOPSIS approach; triangular fuzzy numbers; Africa; Computational modeling; Decision making; Economics; Educational institutions; Fuzzy set theory; Pragmatics; Fragile states; development banks; evaluation model; fuzzy TOPSIS; multi-criteria decision making; support facility;
Conference_Titel :
Fuzzy Systems and Knowledge Discovery (FSKD), 2014 11th International Conference on
Conference_Location :
Xiamen
Print_ISBN :
978-1-4799-5147-5
DOI :
10.1109/FSKD.2014.6980842