Publication
Title
Accordance with neutrosophic logic? A Multimoora approach for countries worldwide
Author
Abstract
Internal experts from Credit Rating Agencies, but with a final qualitative judgment of their management, rate firms and countries. On their turn, these last ratings influence the credit rating of the enterprises too. Considering the credit rating of firms, the CRA made significant mistakes during the Recession 2007-2009 and their judgment is considered to be too much American orientated. Consequently, in Europe many efforts were made to come to a new Agency, but all efforts failed. It could be different for the rating of countries. Is a more scientific approach, eventually on a significant quantitative basis, not possible? Therefore, MULTIMOORA, a quantitative method, is suggested. The effort was made for the countries on world level. Based on data from 2012-2015, the results are quite comparable to the actual results of the main Credit Rating Agency, namely Standard & Poor's, meaning a high forecasting level. In addition, it seems necessary, to come to a Structural Credit Rating System for Countries, based on continuity. From now on this will be called: Economic Capability.
Language
English
Source (book)
Decision-making with neutrosophic set : theory and applications in knowledge management / Garg, Harish [edit.]
Source (series)
Computational mathematics and analysis
Publication
New York, N.Y. : Nova Science Publishers, Inc. , 2021
ISBN
978-1-5361-9522-4
978-1-5361-9419-7
Volume/pages
p. 37-68
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Record
Identifier
Creation 05.10.2021
Last edited 07.10.2022
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