A novel performance measurement approach based on trust context using fuzzy T-norm and S-norm operators: The case study of energy consumption

Abstract

In today's economic environment, performance and efficiency assessment is essential for organizations in order to survive and raise their market share. Energy efficient consumption is a major issue in the energy planning of each country which is a big concern of managers, hence, exploitation of a strong approach for efficiency evaluation and assessment seems necessary in the energy section. In this study, a novel performance assessment model is proposed based on the concept of trust, using two popular fuzzy operators called T-norm and S-norm. The developed model is applied for a real case study of energy consumption efficiency assessment for 36 countries. An adaptive network based fuzzy inference system (ANFIS) is used to measure the efficiencies. Also, to predict efficiency rates of the future time periods, a regression model is applied as a time series model. The obtained results indicate the superiority and applicability of the proposed methodology. To the best of our knowledge, this is the first study that proposes a novel performance measurement approach based on trust context by using fuzzy T-norm and S-norm operators.

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“…Questions Related studies Gap 1-; there is a need to focus on the future of artificial neural networks in stock market prediction models in developing countries RQ1: to integrate the findings of the previous research in the field of artificial intelligence in stock market prediction models in different parts of the world, with more focus on the developing economies [10,19,22,26,60,[118][119][120][121][122][123][124][125][126][127][128][129][130][131] Gap 2: there is a much wider scope in the field of artificial intelligence to implement other methodological approaches; for instance, conducting a case study or a survey or an experiment using a hybrid model can further help in the development of more generalized models of stock prediction RQ2: to adopt other methodological approaches involving a case study, an experiment, or a survey Experiments: [11,29,75,91,97] Survey: [96,114] Case study: [91,[132][133][134][135][136] Gap 3: the scope of research lies in choosing the optimal algorithm as the solution. A combination of other themes may provide better insights and models for stock market prediction.…”