Research Outputs

Now showing 1 - 4 of 4
  • Publication
    Tax revenue measurement using OWA operators
    (Taylor & Francis, 2024) ;
    Blanco-Mesa, Fabio
    ;
    Hussain, Walayat
    ;
    Flores-Sosa, Martha
    ;
    Perez-Arellano, Luis
    The aim of this paper is to present the application of the OWA operator and some of its extensions in the calculation of continent and global tax revenues. The idea is to present how the analysis of an important economic indicator can vary depending on how the information is aggregated. An example was employed based on the Organization for Economic Co-operation and Development (OECD) database using 111 countries that were divided by continent, and then the global tax revenue was calculated using different aggregation operators. Different analyses can be carried out by governments and enterprises to improve decision making and fiscal politics.
  • Publication
    The ordered weighted government transparency average: Colombia case
    (IOS Press, 2021) ;
    Blanco-Mesa, Fabio
    ;
    Alfaro-Garcia, Victor
    ;
    Gil-Lafuente, Anna
    ;
    Merigo, Jose
    The main aim of this paper is to propose a new aggregation operator to improve the evaluation of the transparency index. This new operator is called the prioritized induced ordered weighted average weighted average (PIOWAWA) operator. The main characteristics of the PIOWAWA operator are that it allows considering the degree of importance, reordering and weight factors given to the information in the same formulation by the decision maker. A mathematical application is performed using a Colombia transparency case. The findings highlight that according to the operator used, there are significant changes in the ranking. The main implications are given by using these aggregation operators for the generation of scenarios by considering the changes in the allocation of weights, the level of importance and the ordering of information simultaneously.
  • Publication
    Pythagorean membership grade distance aggregation: An application to new business ventures
    (IOS Press, 2021) ;
    Blanco-Mesa, Fabio
    ;
    Alfaro-Garcia, Victor
    ;
    Gil-Lafuente, Anna
    ;
    Merigo, Jose
    The objective of the paper is to present an extension of the ordered weighted average (OWA) operator, probability OWA (POWA) operator, distance measures and Pythagorean membership grades. These new operators are called the Pythagorean membership grade OWA distance (PMGOD) operator and the probabilistic Pythagorean membership grade OWA distance (PPMGOD) operator. This extension includes in one formulation the ability to measure the ideal vs. real situation of the distance operators, the weighting vector and reordering step of the OWA operator and the way in which it includes uncertainty based on the satisfaction of the criteria of the Pythagorean membership degree. These propositions are applied to new business ventures in the city of Colombia, where the decision maker can express his/her concerns about the uncertainty and probabilities of the current business environment and, thus, generate a better decision-making process.
  • Publication
    Interest Rates with Ordered Weighted Averages
    (Old City Publishing, 2024) ;
    Flores-Sosa, Martha
    ;
    Hussain, Walayat
    ;
    Blanco-Mesa, Fabio
    ;
    Espinoza-Audelo, Luis
    The main purpose is to propose a new method for approximating the average interest rate using an ordered weighted average. The ordered weighted average (OWA), generalized GOWA operator and interval numbers are studied to develop this method. Using average interest rate formulation combined with aggregations operators and interval numbers presented above is the proposed weighted average interest rate (OWAIR) operator. For mathematical application, the deposit interest rates of the countries with 2020 data on the World Bank website are carried out. Finally, it should be noted that changes in the maximum, minimum, and average values are considered in the use of training for each region, which can be helpful for investors’ decision-making.