Multidimensional analysis of investment priorities for circular economy with Quantum Spherical Fuzzy Hybrid Modeling
[ N/A ]
Tarih
2024
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
World Scientific Publishing
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Circular economy aims recycling in the production process instead of destroying the products. With the help of this situation, waste can be considered in the remanufacturing process so that the rate of consumption of natural resources can be decreased. It is necessary to focus on certain investment issues to achieve a circular economy, but all investments have some risks. Hence, the economies should make priority analysis to take efficient actions. Investment priorities are identified to have circular economy. A novel fuzzy decision-making model has been created for this purpose. In the first stage, balanced scorecard criteria are evaluated with the help of multi stepwise weight assessment ratio analysis (M-SWARA). Later, the multidimensional investment priorities of circular economy are ranked. In this context, elimination and choice translating reality (ELECTRE) approach is taken into consideration. The main contribution of the paper is that a new methodology is created by the name of M-SWARA. Owing to these new improvements, cause and effect relationship among the items can be analyzed. It is identified that financial issues play the most crucial role for investments to improve circular economy. On the other side, it is also concluded that remanufacturing is the most significant investment alternative to develop circular economy. For the sustainability of the investment to improve circular economy, necessary financial analysis should be performed. With the help of this situation, these substances can be reintroduced into the production process in the form of raw materials. With the increase of remanufacturing, it will be possible to reduce waste and save scarce material resources.
Açıklama
[ArticleInPress]
Anahtar Kelimeler
Circular Economy, Investment Analysis, Corporate Finance, Economic Growth, Fuzzy Decision-Making
Kaynak
International Journal of Information Technology & Decision Making
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
Sayı
Künye
Dinçer, H., Yüksel, S., Hacıoğlu, Ü. ve Erdebilli, B. (2024). Multidimensional analysis of investment priorities for circular economy with Quantum Spherical Fuzzy Hybrid Modeling. International Journal of Information Technology & Decision Making. https://doi.org/10.1142/S021962202350075X
