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Fuzzy Logic in Business Ethics

Beata Zofia Filipiak ()
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Beata Zofia Filipiak: University of Szczecin

Chapter Chapter 5 in Fuzzy Business Models and ESG Risk, 2023, pp 73-104 from Palgrave Macmillan

Abstract: Abstract The purpose of this chapter is to discuss the possibilities of using the fuzzy approach in decision-making processes and risk management in business. This chapter identifies the components of the fuzzy approach as an important approach to making decisions in conditions of reduced information quality. The chapter presents the possibilities of using and the role of the fuzzy approach in decision-making processes in enterprises, taking into account their impact on decision-making process. Attention was drawn to the differences in the approach to enterprises from the production, services, and trade sectors and the enterprise's exposure to ESG risk. The stages and tools supporting risk management in the classical approach, and a specific approach and methods that may contribute to a better understanding of ESG risk were included in the process. The position of the fuzzy approach in the ESG risk management process was also shown.

Keywords: Fuzzy logic; ESG risk management; Sectoral approaches in the fuzzy logic (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-031-40575-4_5

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DOI: 10.1007/978-3-031-40575-4_5

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