Research Outputs

Now showing 1 - 9 of 9
  • 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
    The ordered weighted average corporate social responsibility
    (Emerald Publishing Limited, 2021) ;
    Velazquez-Cazares, Marlenne
    ;
    Blanco-Mesa, Fabio
    ;
    Alvarado-Altamirano, Segio
    Purpose: The purpose of this paper is to identify new formulations for evaluating corporate social responsibility using different aggregation information operators. Design/methodology/approach: The ordered weighted average (OWA) operator and its extensions, the induced OWA (IOWA) and prioritized OWA (POWA) operators are used to generate a new score for a Mexican enterprise with the corporate social responsibility (CSR) distinction. Findings: The use of these operators allows for generation of different scenarios highlighting the relative importance of the elements. This information is useful for the government and companies to generate different evaluations depending on the specific characteristics of the region, state or municipality. Originality/value: The use of aggregation operators in the traditional CSR formulation is presented. Likewise, the application of these new strategies to evaluate CSR is presented in a Mexican enterprise case to understand the steps that should be followed if the OWA operator and its extensions are to be used.
  • 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
    Prioritized induced heavy operators applied to political modelling
    (World Scientific Publishing, 2021) ;
    Perez-Arellano, Luis
    ;
    Olazabal-Lugo, Maricruz
    ;
    Merigó, Jose
    This paper presents the prioritized induced heavy ordered weighted average (PIHOWA) operator. This operator combines an unbounded weighting vector, an induced vector and a prioritized vector and can be applied to the group decision-making process where the information provided by each decision maker does not have the same importance. An application of this operator is done in governmental transparency in Mexico based on the Open Government Metric (OGM). Among the main results it is possible to visualize how the relative importance of each component can generate important change in the top 10 ranking.
  • Publication
    Building a regional employability indicator based on ordered weighted average operators
    (Taylor & Francis, 2022) ;
    Garcia-Gastelum, Tanya
    ;
    Uzeta-Obregon, Cristhian
    ;
    Alvarez, Pavel
    ;
    Espinoza-Audelo, Luis
    This article presents the process to build a regional employability indicator based on the ordered weighted average operator. The objective is to generate an indicator that can include different weighting vectors to analyze the information based on an analysis made from States to Regions to Nation. The main advantage of doing this type of indicators is that it is possible to made different politics for each State/Region instead of just analyze the whole Nation information. Also, based on the reordering step of the OWA operator is possible to obtain the maximum and minimum results. An example based on the National Occupation and Employment Survey (ENOE) 2020 survey conducted by the National Institute of Statistics and Geography (INEGI) in Mexico was done. Among the main results is possible to visualize the main characteristics of each Region.
  • Publication
    Measuring volatility based on ordered weighted average operators: The case of agricultural product prices
    (Elsevier, 2021) ;
    Espinoza-Audelo, Luis
    ;
    Merigó, Jose
    ;
    Herrera-Viedma, Enrique
    ;
    Herrera, Francisco
    Agricultural products have experienced sudden changes in prices in recent years as a result of volumes of production and demand at the international level. Volatility is a key element in understanding the difficulties that the market may have. However, the traditional formula for volatility only considers historical information and does not consider decision makers’ knowledge and skills. To improve this approach and obtain more accurate results consistent with the reality of the market, the ordered weighted averaging (OWA) operator is used. These new approaches are the OWA-Volatility, Induced OWA-Volatility, Heavy OWA-Volatility, Probabilistic OWA-Volatility, Induced Probabilistic OWA-Volatility and Induced Heavy OWA-Volatility. In addition, some particular cases are presented in which the aggregation process is only applied to one part of the formula or quasi-arithmetic means are used. An example of volatility calculations for corn prices in 2017 is presented.
  • 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.
  • Publication
    Covariances with OWA operators and Bonferroni means
    (Springer Nature, 2020) ;
    Blanco-Mesa, Fabio
    ;
    Merigó, José
    The covariance is a statistical technique that is widely used to measure the dispersion between two sets of elements. This work develops new covariance measures by using the ordered weighted average (OWA) operator and Bonferroni means. Thus, this work presents the Bonferroni covariance OWA operator. The main advantage of this approach is that the decision maker can underestimate or overestimate the covariance according to his or her attitudes. The article further generalizes this formulation by using generalized and quasi-arithmetic means to obtain a wide range of particular types of covariances, including the quadratic Bonferroni covariance and the cubic Bonferroni covariance. The paper also considers some other extensions by using induced aggregation operators in order to use complex reordering processes in the analysis. The work ends by studying the applicability of these new techniques to real-world problems and presents an illustrative example of a research and development (R&D) investment problem.