Article ID: | iaor20072215 |
Country: | Netherlands |
Volume: | 42 |
Issue: | 1 |
Start Page Number: | 162 |
End Page Number: | 185 |
Publication Date: | Oct 2006 |
Journal: | Decision Support Systems |
Authors: | McIvor Ronan, McCloskey Anthony, Maguire Liam, Humphreys Paul, O'Donnell Tina |
Keywords: | fuzzy sets |
A user-centred hierarchical system employing scalable fuzzy membership functions, which supports decision making in corporate acquisition process, is presented. The system attempts to simulate the human precedence given to particular financial statistics by using an interchangeable priority system and fuzzy membership scaling. The system receives financial statistics from multiple aspects of a company's characteristics and makes generalised decisions based on the objectives set out by the focal organisation. The hierarchical structure and the membership scaling of the system are directly linked to the focal organisation's profile and their acquisition objectives.