Uncertainty Modeling in the Process of SMEs Financial Mechanism Using Intuitionistic Fuzzy Estimations

George L. Shahpazov, Lyubka A. Doukovska, Vassia K. Atanassova

Abstract

In the present paper, we discuss the mechanism of bank support of small and medium-sized enterprises (SMEs). Analysis is made of the effectiveness of the bank’s internal financial structural unit and hierarchy, and it is shown how the concept of intuitionistic fuzzy sets can be applied to the process of evaluating creditworthiness of the SMEs applications for bank loans, from the bank’s perspective. The presented approach aims to yield estimations of the effectiveness of the process, taking consideration of the aspects of uncertainty, which is an inherent part of the processes of evaluation of applications for bank support and evaluation of the process itself.

References

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Paper Citation


in Harvard Style

Shahpazov G., Doukovska L. and Atanassova V. (2014). Uncertainty Modeling in the Process of SMEs Financial Mechanism Using Intuitionistic Fuzzy Estimations . In Proceedings of the Fourth International Symposium on Business Modeling and Software Design - Volume 1: BMSD, ISBN 978-989-758-032-1, pages 271-275. DOI: 10.5220/0005427002710275


in Bibtex Style

@conference{bmsd14,
author={George L. Shahpazov and Lyubka A. Doukovska and Vassia K. Atanassova},
title={Uncertainty Modeling in the Process of SMEs Financial Mechanism Using Intuitionistic Fuzzy Estimations},
booktitle={Proceedings of the Fourth International Symposium on Business Modeling and Software Design - Volume 1: BMSD,},
year={2014},
pages={271-275},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005427002710275},
isbn={978-989-758-032-1},
}


in EndNote Style

TY - CONF
JO - Proceedings of the Fourth International Symposium on Business Modeling and Software Design - Volume 1: BMSD,
TI - Uncertainty Modeling in the Process of SMEs Financial Mechanism Using Intuitionistic Fuzzy Estimations
SN - 978-989-758-032-1
AU - Shahpazov G.
AU - Doukovska L.
AU - Atanassova V.
PY - 2014
SP - 271
EP - 275
DO - 10.5220/0005427002710275