Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial Sector

This study aims to identify the necessary strategies for the development of a sustainable financial system. For this purpose, a novel approach could be provided for soft computing with Gaussian-based fuzzy DEMATEL approach to understand the significant levels and impact-relation degrees of these cri...

Full description

Saved in:
Bibliographic Details
Main Authors: Fan Yang, Hakan Kalkavan, Hasan Dinçer, Serhat Yüksel, Serkan Eti
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/4570936
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832547678440914944
author Fan Yang
Hakan Kalkavan
Hasan Dinçer
Serhat Yüksel
Serkan Eti
author_facet Fan Yang
Hakan Kalkavan
Hasan Dinçer
Serhat Yüksel
Serkan Eti
author_sort Fan Yang
collection DOAJ
description This study aims to identify the necessary strategies for the development of a sustainable financial system. For this purpose, a novel approach could be provided for soft computing with Gaussian-based fuzzy DEMATEL approach to understand the significant levels and impact-relation degrees of these criteria. For robustness check, this evaluation has also been performed for triangular and trapezoidal fuzzy sets. There are many novelties of this study. Firstly, computer science has a significant role in the decision-making process. Another specificity is that the use of Gaussian numbers with fuzzy numbers is a new area. In addition, interval type-2 fuzzy (IT2F) sets also provide a significant advantage in decision-making under uncertainty. The results demonstrate that the size of the alternative financing, investment in efficient projects, and effective advertisement/promotions are the most important items to affect the performance of alternative banking system of emerging economies. Hence, it is recommended that the new banking applications should be applied by the state or the state can provide some incentives for foreign banks to invest in emerging economies, such as tax reduction. Another important point is that the financial intermediations should generate a component financial analysis team to examine the financial reports of the companies in detail so that the financial credibility of these companies can be evaluated more effectively.
format Article
id doaj-art-f6eabbee832f4506b28bd332eae23cb3
institution Kabale University
issn 1076-2787
1099-0526
language English
publishDate 2021-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-f6eabbee832f4506b28bd332eae23cb32025-02-03T06:43:54ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/45709364570936Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial SectorFan Yang0Hakan Kalkavan1Hasan Dinçer2Serhat Yüksel3Serkan Eti4School of Economics and Management of Lanzhou JiaoTong University, Lanzhou 730070, ChinaThe School of Business, İstanbul Medipol University, İstanbul, TurkeyThe School of Business, İstanbul Medipol University, İstanbul, TurkeyThe School of Business, İstanbul Medipol University, İstanbul, TurkeyThe School of Business, İstanbul Medipol University, İstanbul, TurkeyThis study aims to identify the necessary strategies for the development of a sustainable financial system. For this purpose, a novel approach could be provided for soft computing with Gaussian-based fuzzy DEMATEL approach to understand the significant levels and impact-relation degrees of these criteria. For robustness check, this evaluation has also been performed for triangular and trapezoidal fuzzy sets. There are many novelties of this study. Firstly, computer science has a significant role in the decision-making process. Another specificity is that the use of Gaussian numbers with fuzzy numbers is a new area. In addition, interval type-2 fuzzy (IT2F) sets also provide a significant advantage in decision-making under uncertainty. The results demonstrate that the size of the alternative financing, investment in efficient projects, and effective advertisement/promotions are the most important items to affect the performance of alternative banking system of emerging economies. Hence, it is recommended that the new banking applications should be applied by the state or the state can provide some incentives for foreign banks to invest in emerging economies, such as tax reduction. Another important point is that the financial intermediations should generate a component financial analysis team to examine the financial reports of the companies in detail so that the financial credibility of these companies can be evaluated more effectively.http://dx.doi.org/10.1155/2021/4570936
spellingShingle Fan Yang
Hakan Kalkavan
Hasan Dinçer
Serhat Yüksel
Serkan Eti
Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial Sector
Complexity
title Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial Sector
title_full Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial Sector
title_fullStr Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial Sector
title_full_unstemmed Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial Sector
title_short Gaussian-Based Soft Computing Approach to Alternative Banking System for Sustainable Financial Sector
title_sort gaussian based soft computing approach to alternative banking system for sustainable financial sector
url http://dx.doi.org/10.1155/2021/4570936
work_keys_str_mv AT fanyang gaussianbasedsoftcomputingapproachtoalternativebankingsystemforsustainablefinancialsector
AT hakankalkavan gaussianbasedsoftcomputingapproachtoalternativebankingsystemforsustainablefinancialsector
AT hasandincer gaussianbasedsoftcomputingapproachtoalternativebankingsystemforsustainablefinancialsector
AT serhatyuksel gaussianbasedsoftcomputingapproachtoalternativebankingsystemforsustainablefinancialsector
AT serkaneti gaussianbasedsoftcomputingapproachtoalternativebankingsystemforsustainablefinancialsector