Fuzzy Systems Modeling of Ease of Doing Business Indicators
Working Paper #25 by Mehrdad Roham, Anait R Gabrielyan and Norman P Archer, August 2008.
- EDB indicators help evaluate national business environments.
- The World Bank studied them annually for over 170 nations.
- That work involved many complications and uncertainties.
- The paper applied fuzzy set theory to build composite EDB indicators.
- The approach was implemented and its procedures illustrated.
- A Canada case study evaluated, labelled and ranked the indicators.
- The approach showed the ease of using a fuzzy application.
- Results were compared with the World Bank's rankings.
- A grant from the Natural Sciences and Engineering Council of Canada supported the work.
Keywords: fuzzy sets, Ease of Doing Business, linguistic aggregation, fuzzy ranking.