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FUZZY ECONOMIC REVIEW, Volume 26

A FUZZY MODEL FOR TRADE WAR. AN ANALYSIS OF THE TRADE RELATIONS BETWEEN CHINA-USA AND CHINA-BRAZIL

Carmen Lozano. Universidad La Salle México, Vicerrectoría de Investigación, México. E-mail: carmen.lozano@lasalle.mx

Jesús Macías-Durán. CINVESTAV-IPN México. Ciudad de México. E-mail: macias@math.cinvestav.mx

Cesaire Chiatchoua. Escuela Superior de Economía, Instituto Politécnico Nacional. Mexico City. Mexico E-mail: cchiatchoua@ipn.mx

Trade relations between commerce powers nowadays are crucial in the international economic scene. This has been observed since the entry of China into the World Trade Organization (WTO) in 2001, along with the political changes that have arisen in the United States (USA) during the last decade. The objective of…
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INSOLVENCY PREDICTION FROM FUZZY CLASSIFICATION AND FINANCIAL PROJECTION

Fabian Castiblanco. Universidad La Gran Colombia. Faculty of Economic and Business Sciences. Bogotá DC, Colombia. fabianalberto.castiblanco@ugc.edu.co

Deisy Nohemí Sánchez Villamil. Universidad Cooperativa de Colombia. Faculty of Public Accounting. Bogotá DC, Colombia. deisy.sanchezv@campusucc.edu.co

Yuly Andrea Franco Gómez. Universitaria Agustiniana. Faculty of Economic and Administrative Sciences. Bogotá DC, Colombia. yuly.franco@uniagustiniana.edu.co

This paper proposes a benchmark method based on fuzzy set theory and the c-means fuzzy classification algorithm to detect and forecast business insolvency. The method consists of a set of steps to compare the results obtained in a fuzzy classification process with the projected accounting information. The central aspect of…
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CHILDCARE LINGUISTIC INDEX FOR ARGENTINA

Daniela Goyheix. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires (IIEP - BAIRES). Ciudad de Buenos Aires, Argentina. E-mail: danielagoyheix@economicas.uba.ar

María José Fernandez. Universidad de Buenos Aires. Facultad de Ciencias Económicas. CONICET. Instituto Interdisci-plinario de Economía Política de Buenos Aires (IIEP - BAIRES). Ciudad de Buenos Aires, Ar-gentina. E-mail: mariajfernandez@economicas.uba.ar

The circumstances in which children are born and their material and intellectual resources determine their abilities and the extent to which they will be able to develop their human potential. Government policies cannot address all the issues that lead to development gaps, but they can provide resources to disadvantaged families…
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INVESTMENT PORTFOLIO SELECTION PROCESS USING DISTANCE OPERATORS

Victor G. Alfaro-García. Universidad Michoacana de San Nicolas de Hidalgo, Facultad de Contaduría y Ciencias Administrativas. Morelia, México. E-Mail: victor.alfaro@umich.mx

Ernesto León-Castro. Faculty of Economics and Administrative Sciences, Universidad Católica de la Santísima Concepción. Concepción. Chile. E-Mail: eleon@ucsc.cl

Fabio Blanco-Mesa. Universidad Pedagógica y Tecnológica de Colombia, Facultad de Ciencias Económicas y Administrativas. Boyacá, Colombia. E-Mail: fabio.blanco01@uptc.edu.co

This paper presents applications of computational intelligence tools in investment decision making processes. The aim is to build effective stock portfolios, for diverse risk-oriented individuals, including both, objective and subjective inputs. The proposed methods include the analysis of 5 different stock shares from companies that are in the Nasdaq 100…
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GENERALIZED METRICS IN CLASSIFIERS

Carlos A. Hernández Nava. Universidad Autónoma Metropolitana Unidad Iztapalapa, Av. San Rafael Atlixco 186, 09340, Ciudad de México, México. Email: cahn@xanum.uam.mx

Pedro Lara-Velázquez. Universidad Autónoma Metropolitana Unidad Iztapalapa, Av. San Rafael Atlixco 186, 09340, Ciudad de México, México. Email: plara@xanum.uam.mx

Hérica Sánchez-Larios. Universidad Nacional Autónoma de México, C.U., Coyoacán, 04510, Ciudad de México, México. Email: herica.sanchez@ciencias.unam.mx

Eric A. Rincón-García. Universidad Autónoma Metropolitana Unidad Iztapalapa, Av. San Rafael Atlixco 186, 09340, Ciudad de México, México. Email: rincon@xanum.uam.mx

Miguel A. Gutiérrez-Andrade. Universidad Autónoma Metropolitana Unidad Iztapalapa, Av. San Rafael Atlixco 186, 09340, Ciudad de México, México. Email: gamma@xanum.uam.mx

Sergio G de-los-Cobos-Silva. Universidad Autónoma Metropolitana Unidad Iztapalapa, Av. San Rafael Atlixco 186, 09340, Ciudad de México, México. Email: cobos@xanum.uam.mx

Roman A. Mora-Gutiérrez. Universidad Autónoma Metropolitana Unidad Azcapotzalco, Av. San Pablo Xalpa 180, 02200, Ciudad de México, México. Email: mgra@xanum.uam.mx

Ivan O. Cruz-Ruiz. Universidad Autónoma Metropolitana Unidad Iztapalapa, Av. San Rafael Atlixco 186, 09340, Ciudad de México, México. Email: iocr@xanum.uam.mx

Euclidean distance and squared Euclidean distance are the most commonly used metrics in research using classifier systems, but it does not mean that they are the ones with which the best results are obtained. In this work, a set of well-known instances are classified using the higher-order Minkowski distance, first…
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PUBLIC MANAGEMENT FACTORS THAT AFFECT THE EFFICIENT USE OF FINANCIAL RESOURCES IN THE MUNICIPALITIES OF THE MONTERREY METROPOLITAN AREA FUZZY REGRESSION ANALYSIS

Alberto G. Villarreal-Flores. Universidad Autónoma de Nuevo León, Facultad de Contaduría Pública y Administración, Av. Universidad S/N Col. Ciudad Universitaria, Monterrey, México. Email: albertovf19@gmail.com

María M. Carrera-Sánchez. Universidad Autónoma de Nuevo León, Facultad de Contaduría Pública y Administración, Av. Universidad S/N Col. Ciudad Universitaria, Monterrey, México. Email: ma-galy_carrera@hotmail.com

Luis A. Villarreal Villarreal. Universidad Autónoma de Nuevo León, Facultad de Contaduría Pública y Administración, Av. Universidad S/N Col. Ciudad Universitaria, Monterrey, México. Email: lvillvill@hotmail.com

Silverio Tamez-Garza. Universidad Autónoma de Nuevo León, Facultad de Contaduría Pública y Administración, Av. Universidad S/N Col. Ciudad Universitaria, Monterrey, México. Email: drsilveriotamez@gmail.com

Public servants and normal citizens often have criticized public systems because of inefficiency, corruption, poor quality systems, financial and human resources ineffectiveness. As well, governments worldwide, including Mexico, face moments of profound questioning and reconfiguration while academics, public administrators and citizens have debated about the effectiveness in meeting the demands…
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