Publication detail

Prevention of ill-advised debt elimination process of natural person and it's fuzzy (de)similarities in compromise set - case study for Czechia

POLÁČEK, T. OULEHLA, J. LUŇÁČEK, J.

Original Title

Prevention of ill-advised debt elimination process of natural person and it's fuzzy (de)similarities in compromise set - case study for Czechia

Type

journal article - other

Language

English

Original Abstract

The complex views of insolvency proceedings are unique, poorly known, interdisciplinary, and multidimensional, even though there is a broad spectrum of different insolvency instruments. With a focus on natural persons regarding debt relief in the insolvency proceedings, the question arises whether it is possible to satisfy at least partially the creditor while maintaining the debtor's social and economic status. If so, is there a set of tools and their error rate or similarity of these possible instruments? For this purpose is chosen fuzzy multidimensional reasoning. The result can be a compromise set depending on the defined purpose functions without a detailed quantitative description. Measures such as creditor satisfaction and the socio-economic decline of the debtor, including other instruments used in the insolvency proceedings situation, are hard to quantify. The result of the study is a compromise set of tools that suit both parties involved.

Keywords

fuzzy, insolvency, qualitative, compromise set, natural person

Authors

POLÁČEK, T.; OULEHLA, J.; LUŇÁČEK, J.

Released

29. 9. 2021

Publisher

Moravská vysoká škola Olomouc

Location

Olomouc

ISBN

1804-1299

Periodical

Ekonomika Management Inovace

Year of study

13

Number

2

State

Czech Republic

Pages from

37

Pages to

49

Pages count

13

URL

Full text in the Digital Library

BibTex

@article{BUT173145,
  author="Tomáš {Poláček} and Jiří {Oulehla} and Jiří {Luňáček}",
  title="Prevention of ill-advised debt elimination process of natural person and it's fuzzy (de)similarities in compromise set - case study for Czechia",
  journal="Ekonomika Management Inovace",
  year="2021",
  volume="13",
  number="2",
  pages="37--49",
  issn="1804-1299",
  url="http://emijournal.cz/wp-content/uploads/2021/09/04_Prevention-of-Ill-advised-Debt-elimination-Process-of-Natural-Person-and-Its-Fuzzy-DeSimilarities-in-Compromise-Set.pdf"
}