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Modeling and Simulating Complex Business Perceptions

Download or Read eBook Modeling and Simulating Complex Business Perceptions PDF written by Zoumpolia Dikopoulou and published by Springer Nature. This book was released on 2021-11-06 with total page 174 pages. Available in PDF, EPUB and Kindle.
Modeling and Simulating Complex Business Perceptions
Author :
Publisher : Springer Nature
Total Pages : 174
Release :
ISBN-10 : 9783030814960
ISBN-13 : 3030814963
Rating : 4/5 (60 Downloads)

Book Synopsis Modeling and Simulating Complex Business Perceptions by : Zoumpolia Dikopoulou

Book excerpt: Fuzzy cognitive maps (FCMs) have gained popularity in the scientific community due to their capabilities in modeling and decision making for complex problems.This book presents a novel algorithm called glassoFCM to enable automatic learning of FCM models from data. Specifically, glassoFCM is a combination of two methods, glasso (a technique originated from machine learning) for data modeling and FCM simulation for decision making. The book outlines that glassoFCM elaborates simple, accurate, and more stable models that are easy to interpret and offer meaningful decisions. The research results presented are based on an investigation related to a real-world business intelligence problem to evaluate characteristics that influence employee work readiness.Finally, this book provides readers with a step-by-step guide of the 'fcm' package to execute and visualize their policies and decisions through the FCM simulation process.


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