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What is Fuzzy BWM

Handbook of Research on Economic and Social Impacts of Population Aging
A methodology for a benchmark decision-making method that compares the best factor with other criteria and all other factors with the worst. Paired comparisons between all BWM factors and decision-makers are not required. It is only necessary to identify the best and worst factors and then make binary comparisons between the best/worst and other factors.
Published in Chapter:
How to Age Successfully: Analyzing Drivers via Fuzzy BWM Approach
Ozum Egilmez (Bilecik Seyh Edebali University, Turkey) and Gozde Koca (Bilecik Seyh Edebali University, Turkey)
DOI: 10.4018/978-1-7998-7327-3.ch016
Abstract
Successful aging is a multi-faceted term with continuous attention while the human population is aging around the globe. The aging components differ while the world is changing, such as an increase in life expectancy or dramatic affection of the general COVID-19 pandemic. As aging is investigated in many disciplines, this research's focus is interdisciplinary to be able to reveal the acknowledgment of the benefits of the potential aging country. Therefore, aging is to be determined as a societal issue in this research under the lenses of continuous engagement with life. To that, the authors use fuzzy BWM approach to reveal the relations of components adopted from the MacArthur model of successful aging. Findings revealed that human capital development was the best factor whilst the relevance of successful aging was the worst factor in adopting relevant policies for successfully aging.
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