Dynamics of stakeholder relations with multi-person aggregation

The purpose of this paper is to develop a novel method to analyse dynamic interactions of stakeholders to explain how a set of agents can act by considering the power/influence positions.,A novel mathematical application uses the importance of characteristics algorithm in combination with composition max-min to compare, group and order information according to the importance of its characteristics. The mathematical application is focused on a strategic analysis, evaluating stakeholder dynamics through power relationships.,The results show a comparison of the relationships among each of the stakeholders to obtain the relative intensity and importance of relationships between them, given by the fuzzy matrix FRInM and the fuzzy matrix FRIM, respectively. This application provides a useful tool for a dynamic analysis of stakeholders in a complex environment, where the best approach to performing a strategic analysis process is sought.,The main implication of the proposed approach is taking into account the importance of information to establish the boundaries and relationships of each characteristic according to its intensity. However, limitations are due to the nature of this research, based on theoretical assumptions regarding stakeholders and the use of a hypothetical example to show the operation of algorithms.,The primary advantage of this proposition is that it takes into account the importance of information to establish the relationships among the characteristics according to their intensity. In addition, it performs multiple comparisons among each characteristic of the information. The interests and opinions of decision makers can be parameterised. A mathematical application shows how each interest group could be classified and related according to subjective information.

[1]  José M. Merigó,et al.  Bonferroni means with distance measures and the adequacy coefficient in entrepreneurial group theory , 2016, Knowl. Based Syst..

[2]  John A. Finn,et al.  Ex post environmental evaluation of agri-environment schemes using experts' judgements and multicriteria analysis , 2009 .

[3]  R. Edward Freeman,et al.  Managing for Stakeholders: Trade-Offs or Value Creation , 2010 .

[4]  Francisco Herrera,et al.  A Sequential Selection Process in Group Decision Making with a Linguistic Assessment Approach , 1995, Inf. Sci..

[5]  L. Preston,et al.  The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications , 1995 .

[6]  Duane Windsor,et al.  The Role of Dynamics in Stakeholder Thinking , 2010 .

[7]  Blanco Mesa,et al.  Técnicas para la toma de decisiones en contextos inciertos: identificación de oportunidades socio- económicas en el ámbito deportivo , 2015 .

[8]  R. Edward Freeman,et al.  The Stakeholder Approach Revisited , 2004, Wirtschafts- und Unternehmensethik.

[9]  Jaime Gil Aluja,et al.  Grafos neuronales para la economía y la gestión de empresas , 1995 .

[10]  A. M. Gil Lafuente,et al.  THE FORGOTTEN EFFECTS MODEL IN A CRM STRATEGY , 2011 .

[11]  Maarten Wolsink,et al.  Contrasting the core beliefs regarding the effective implementation of wind power. An international study of stakeholder perspectives , 2010 .

[12]  A. Kaufmann,et al.  Introducción de la teoría de los subconjuntos borrosos a la gestión de las empresas , 1986 .

[13]  Janusz Kacprzyk,et al.  Recent Developments in the Ordered Weighted Averaging Operators: Theory and Practice , 2011, Studies in Fuzziness and Soft Computing.

[14]  José M. Merigó The probabilistic weighted averaging distance and its application in group decision making , 2013, Kybernetes.

[15]  J. Merigó,et al.  Aggregation methods to calculate the average price , 2015 .

[16]  J. Merigó,et al.  New aggregation operators for decision-making under uncertainty: an applications in selection of entrepreneurial opportunities , 2017 .

[17]  Ali Emrouznejad,et al.  Ordered Weighted Averaging Operators 1988–2014: A Citation‐Based Literature Survey , 2014, Int. J. Intell. Syst..

[18]  Jaime Gil Lafuente Automatismos y racionalidad en la toma de decisiones para sustituir a un deportista en momentos decisivos Automation and rationality in decision-making to replace a sportman at decisive moments , 2008 .

[19]  Gui-Wu Wei,et al.  Uncertain Linguistic Hybrid Geometric Mean Operator and its Application to Group Decision Making under Uncertain Linguistic Environment , 2009, Int. J. Uncertain. Fuzziness Knowl. Based Syst..

[20]  José M. Merigó,et al.  Subjective and objective information in linguistic multi-criteria group decision making , 2016, Eur. J. Oper. Res..

[21]  J. M. M. Lindahl NUEVAS EXTENSIONES A LOS OPERADORES OWA Y SU APLICACIÓN EN LOS MÉTODOS DE DECISIÓN , 2009 .

[22]  Ronald R. Yager,et al.  On ordered weighted averaging aggregation operators in multicriteria decisionmaking , 1988, IEEE Trans. Syst. Man Cybern..

[23]  Carsten Nico Hjortsø,et al.  Rapid stakeholder and conflict assessment for natural resource management using cognitive mapping: The case of Damdoi Forest Enterprise, Vietnam , 2005 .

[24]  Tim Rowley,et al.  When Will Stakeholder Groups Act? An Interest- and Identity-Based Model of Stakeholder Group Mobilization , 2003 .

[25]  Yejun Xu,et al.  Decisión making with induced aggregation operators and the adequacy coefficient , 2013 .

[26]  Anna María Gil Lafuente,et al.  Una aplicación de la metodología de los efectos olvidados: los factores que contribuyen al crecimiento sostenible de la empresa , 2010 .

[27]  Y. Fassin,et al.  Faculteit Economie En Bedrijfskunde Tweekerkenstraat 2 B-9000 Gent the Stakeholder Model Refined , 2022 .

[28]  José M. Merigó,et al.  A unified model between the weighted average and the induced OWA operator , 2011, Expert Syst. Appl..

[29]  Yves Fassin,et al.  A Dynamic Perspective in Freeman’s Stakeholder Model , 2010 .

[30]  Emerson Wagner Mainardes,et al.  A model for stakeholder classification and stakeholder relationships , 2012 .

[31]  Jaime Gil Aluja,et al.  Técnicas especiales para la gestión de expertos , 1993 .

[32]  Francisco Herrera,et al.  A 2-tuple fuzzy linguistic representation model for computing with words , 2000, IEEE Trans. Fuzzy Syst..

[33]  Barbara Gray,et al.  Stakeholder Collaboration: Implications for Stakeholder Theory and Practice , 2010 .

[34]  A. M. G. Lafuente,et al.  Forgotten effects in the comparative economic analysis for Spain and Russia in conditions of globalization , 2012, 2012 IV International Conference "Problems of Cybernetics and Informatics" (PCI).

[35]  V. Torra The weighted OWA operator , 1997, International Journal of Intelligent Systems.

[36]  José M. Merigó,et al.  Induced Heavy Moving Averages , 2018, Int. J. Intell. Syst..

[37]  Fabio Blanco-Mesa,et al.  The Forgotten Effects of Sport , 2012 .

[38]  Geoff A. Wilson,et al.  Contesting governance of indigenous forests in New Zealand: The case of the West Coast Forest Accord , 2007 .

[39]  R. Freeman Strategic Management: A Stakeholder Approach , 2010 .

[40]  Ezequiel Avilés Ochoa,et al.  Exchange rate USD/MXN forecast through econometric models, time series and HOWMA operators , 2016 .

[41]  José M. Merigó,et al.  New decision-making techniques and their application in the selection of financial products , 2010, Inf. Sci..

[42]  Tim Rowley Moving Beyond Dyadic Ties: A Network Theory of Stakeholder Influences , 1997 .

[43]  Shouzhen Zeng,et al.  Fuzzy Generalized Ordered Weighted Averaging Distance Operator and Its Application to Decision Making , 2012 .

[44]  Mário Raposo,et al.  Stakeholder theory: issues to resolve , 2011 .

[45]  Ronald K. Mitchell,et al.  Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts , 1997 .

[46]  T. Jones INSTRUMENTAL STAKEHOLDER THEORY: A SYNTHESIS OF ETHICS AND ECONOMICS , 1995 .

[47]  José M. Merigó,et al.  Decision-making in sport management based on the OWA operator , 2011, Expert Syst. Appl..

[48]  A. Kaufmann,et al.  Models per a la recerca d'efectes oblidats , 1988 .

[49]  Derek H.T. Walker,et al.  Visualising and mapping stakeholder influence , 2005 .

[50]  Fabio Blanco-Mesa,et al.  Towards a Competitiveness in the Economic Activity in Colombia: Using Moore's Families and Galois Lattices in Clustering , 2017 .

[51]  J. Lafuente,et al.  Key factors for entrepreneurial success , 2013 .

[52]  J. Gil-Aluja Elements for a Theory of Decision in Uncertainty , 2010 .

[53]  Anna Maria Gil Lafuente,et al.  Algorithm applied in the identification of stakeholders , 2010, Kybernetes.

[54]  Z. S. Xu,et al.  An overview of operators for aggregating information , 2003, Int. J. Intell. Syst..

[55]  A. Friedman,et al.  Developing Stakeholder Theory , 2002 .

[56]  Yves Fassin,et al.  Imperfections and Shortcomings of the Stakeholder Model’s Graphical Representation , 2008 .

[57]  José M. Merigó,et al.  Fuzzy decision making: A bibliometric-based review , 2017, J. Intell. Fuzzy Syst..

[58]  George Kuczera,et al.  Multiple criteria decision making: Facilitating a learning environment , 2006 .

[59]  José M. Merigó,et al.  Prioritized induced probabilistic operator and its application in group decision making , 2019, Int. J. Mach. Learn. Cybern..

[60]  Emili Vizuete Luciano,et al.  Forgotten effects of corporate social and environmental responsibility: A case study of Catalonian economy , 2013, Kybernetes.

[61]  Jeff Frooman Stakeholder Influence Strategies , 1999 .