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.

Updated