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Fuzzy Technologies Modeling the Level of Welfare of the Population in the System of Effective Management

Author

Listed:
  • Vasyl Pryimak
  • Olha Holubnyk
  • Paulina Ucieklak-Jez
  • Joanna Kubicka
  • Kamila Urbanska
  • Arkadiusz Babczuk

Abstract

Purpose: The article aims to present the use of fuzzy technologies to model the welfare of the population in the system of effective management of the country's economy. In particular, the aim was to develop an approach to assessing the welfare of the country's population based on the use of fuzzy logic and fuzzy set theory. Design/Methodology/Approach: The paper deals with the procedure of fuzzy assessment of the welfare level of the country's population. The expert approach to forming a system of six partial indicators, the value of which is taken into account when calculating the level of welfare of the country's population, is used. After selecting the set of primary indicators, their value is reduced to a fuzzy form. We next find the magnitude of the original integral index of this level in a fuzzy form. Finally, we define the precise value of this integral index, which corresponds to its fuzzy form. Findings: The results obtained indicate the effectiveness of the socio-economic policy of the state during the study period, which resulted in a significant improvement in the welfare of the population of Ukraine despite social and economic instability. Practical Implications: The results obtained indicate the effectiveness of the socio-economic policy of the state during the study period, which resulted in a significant improvement in the welfare of the population of Ukraine despite social and economic instability. Originality/Value: The assessment of the level of welfare of the population, which is based on the use of the theory of fuzzy logic and fuzzy sets and the possibility of taking into account in the calculations of these quantitative and qualitative primary factors that shape this welfare.

Suggested Citation

  • Vasyl Pryimak & Olha Holubnyk & Paulina Ucieklak-Jez & Joanna Kubicka & Kamila Urbanska & Arkadiusz Babczuk, 2021. "Fuzzy Technologies Modeling the Level of Welfare of the Population in the System of Effective Management," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 749-762.
  • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:3:p:749-762
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    References listed on IDEAS

    as
    1. Serhii Kozlovskyi & Hennadii Mazur & Nataliia Vdovenko & Tetiana Shepel & Volodymyr Kozlovskyi, 2018. "Modeling and Forecasting the Level of State Stimulation of Agricultural Production in Ukraine Based on the Theory of Fuzzy Logic," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 14(3), pages 37-53.
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    More about this item

    Keywords

    Welfare; fuzzy set theory; linguistic variable; membership function.;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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