Over the years, many private sector participation (PSP) models have been evolved for infrastructure procurement and the Build-Operate-Transfer (BOT) model is one of the most common approaches used for the same. Private infrastructure projects under BOT arrangement have a complex risk profile and...

The paper explores the use of Charles Ragin's Qualitative Comparative Analysis (QCA) in both its crisp and fuzzy set versions in the study of the relations between social class origin, sex, 'ability' and subsequent educational achievement. The work reported is part of a larger ongoing project...

Building theories of organizations is challenging: theories are partial and "folk" categories are fuzzy. The commonly used tools--first-order logic and its foundational set theory--are ill-suited for handling these complications. Here, three leading authorities rethink organization theory....</i>

In this paper we consider the use of fuzzy modelling in the context of econometric analysis of both time-series and cross-section data. We discuss and demonstrate a semi-parametric methodology for model identification and estimation that is based on the Fuzzy c-Means algorithm that is widely...

The availability of data for the size of the "Underground Economy" is important for macroeconomic policy. We use fuzzy set theory and fuzzy logic to construct an annual time-series for the (unobservable) New Zealand underground economy over the period 1968 to 1994. Two input variables are used -...

A fuzzy if-then rule whose consequent part is a real number is referred to as a simplified fuzzy rule. Simplified fuzzy if-then rules have been widely used in function approximation problems due to no complicated defuzzification is required. The proposed simplified fuzzy rule-based...

This paper examines the role of the interest rate in investment decisions for firms in Taiwan. To reflect the human side of decision making and the uncertain nature of information provided, we employ fuzzy set theory and fuzzy logic to examine the nonlinear relationship between these two...

This paper presents new concepts and methodological tools to decide the investments that electric distribution utilities must perform under regulatory frameworks based on performance (Performance Based Regulation or PBR). The proposal is focused on short-term investments. In this work, the...

Accessing a hospital through the Emergency Department (ED) has become a subject of study for many researchers involved in pricing and resource allocation in healthcare. The research developed in this paper aims to measure the performance of the ED at Sfax Hospital as perceived by its patients....