International Journal of Fuzzy Logic and Intelligent Systems 2023; 23(3): 294-302
Published online September 25, 2023
https://doi.org/10.5391/IJFIS.2023.23.3.294
© The Korean Institute of Intelligent Systems
Thiti Gaketem1 , Pannawit Khamrot2
, Pongpun Julatha3
, Rukchart Prasertpong4
, and Aiyared Iampan1
1Fuzzy Algebras and Decision-Making Problems Research Unit, Department of Mathematics, School of Science, University of Phayao, Phayao, Thailand
2Faculty of Science and Agricultural Technology, Rajamangala University of Technology, Lanna Phitsanulok, Thailand
3Department of Mathematics, Faculty of Science and Technology, Pibulsongkram Rajabhat University, Phitsanulok, Thailand
4Division of Mathematics and Statistics, Faculty of Science and Technology, Nakhon Sawan Rajabhat University, Nakhon Sawan, Thailand
Correspondence to :
Aiyared Iampan (aiyared.ia@up.ac.th)
This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted noncommercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
In this paper, we present the concept of bipolar fuzzy shift UP-filters of UP-algebras by applying the concept of shift UP-filters to bipolar fuzzy sets and investigating their essential properties. In UP-algebras, we found that every bipolar fuzzy strong UP-ideal is a bipolar fuzzy shift UP-filter, and every bipolar fuzzy shift UP-filter is a bipolar fuzzy UP-filter. An important relationship between bipolar fuzzy shift UP-filters and their bipolar fuzzy characteristic functions is presented. The relations between bipolar fuzzy shift UP-filters and other shift UP-filters (fuzzy and neutrosophic shift UP-filters) are given. Finally, characterizations of bipolar fuzzy shift UP-filters are investigated in terms of level, fuzzy, and neutrosophic sets.
Keywords: UP-algebra, Shift UP-filter, Fuzzy shift UP-filter, Bipolar fuzzy shift UP-filter, Neutrosophic shift UP-filter
BCK-algebras [1], BCI-algebras [2], BCH-algebras [3], KU-algebras [4], PSRU-algebras [5], UP-algebras [6], and other algebraic structures have been the subject of several academic projects. They are inextricably linked to logic. For example, BCI-algebras were introduced by Iséki [1] in 1966 and have linkages with BCI-logic, which is the BCI-system in combinatory logic and has applications in functional programming. BCK- and BCI-algebras are two classes of logical algebras. Imai and Iséki [2] introduced them in 1966, and many scholars have examined them. BCK-algebras are a proper subclass of BCI-algebras, as is well known. Prabpayak and Leerawat [4] established the notion of KU-algebras in 2009. KU-algebras were extended to UP-algebras by Iampan [6] in 2017.
The concept of a fuzzy set in a nonempty set was first considered by Zadeh [7]. The fuzzy set theories developed by Zadeh and others have shown many mathematical structures to solve uncertainties. The concept of fuzzy set was developed in fuzzy set theory, for example, intuitionistic fuzzy sets, Pythagorean fuzzy sets, interval-valued fuzzy sets, neutrosophic sets, and vague sets. The fuzzy set was extended by the bipolar-valued fuzzy set whose membership degree range is [−1, 0] ∪ [0, 1], which was of interest to Zhang in 1994 [8]. In 2008, Jun and Song [9] used the concept of bipolar fuzzy sets in BCH-algebras. Many researchers have studied bipolar fuzzy sets in algebraic structures; in 2011, Lee and Jun [10] studied bipolar fuzzy a-ideals of BCI-algebras, and in 2012, Jun et al. [11] studied bipolar fuzzy CI-algebras. In 2021, Muhiuddin and Al-Kadi [12] studied bipolar fuzzy implicative ideals of BCK-algebras. Gaketem and Khamrot [13] introduced the concept of bipolar fuzzy weakly interior ideals of semigroups. The relationships between bipolar fuzzy weakly interior ideals and bipolar fuzzy left (right) ideals and between bipolar fuzzy weakly interior ideals and bipolar fuzzy interior ideals have also been discussed. Gaketem et al. [14] introduced the concept of bipolar fuzzy implicative UP-filters (BFIUPFs) in UP-algebras.
To extend the concept of shift UP-filters of UP-algebras introduced by Jun and Iampan [15] in 2019 and bipolar fuzzy set theory applied to UP-algebras by Kawila et al. [16] in 2018, in this paper, we present the concept of bipolar fuzzy shift UP-filters of UP-algebras by applying the concept of shift UP-filters to bipolar fuzzy sets and investigate its essential properties. The relations between bipolar fuzzy shift UP-filters and other shift UP-filters (fuzzy and neutrosophic shift UP-filters) are given. Finally, characterizations of bipolar fuzzy shift UP-filters are investigated in terms of level, fuzzy, and neutrosophic sets.
First, we start with the definition of UP-algebras as follows:
A ) of type (2, 0), where
is a nonempty set, 0 is a fixed element of
, and ⊠ is a binary operation on
if it satisfies the following four conditions:
According to [6], UP-algebras are a generalization of the concept of KU-algebras (see [4]). Unless otherwise indicated, let denote the UP-algebra (
). The binary relation ≤ on
is defined as follows:
and the following statements are true (see [6, 17]):
A nonempty subset of
is called a shift UP-filter (SUPF) of
if
If is a family of SUPFs of
, then
is an SUPF of
.
A fuzzy set (FS) is a function from
to the closed unit interval [0, 1] of real numbers, i.e.,
. A bipolar fuzzy set (BFS)
is an object of the form
where and
. We use the symbol
for simplicity. The concept of BFSs is an extension of that of FSs. In 2018, Kawila et al. [16] introduced the concepts of a bipolar fuzzy UP-filter and bipolar fuzzy strong UP-ideal of
as follows.
A BFS is called
(1) a bipolar fuzzy UP-filter (BFUPF) of if the following four conditions hold:
(2) a bipolar fuzzy strong UP-ideal (BFSUPI) of if the conditions (
A BFS is a BFSUPI of
if and only if
Consider an UP-algebra with the following Cayley table:
⊠ | 0 | ||||
---|---|---|---|---|---|
0 | 0 | ||||
0 | 0 | ||||
0 | 0 | 0 | |||
0 | 0 | 0 | 0 | ||
0 | 0 | 0 | 0 |
(1) Define a BFS as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
0.7 | 0.5 | 0.5 | 0.3 | 0.3 |
Then, but not a BFSUPI.
(2) Define a BFS as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
Then,
In this section, we introduce the concept of bipolar fuzzy shift UP-filters of UP-algebras and discuss its properties. Moreover, one characterization of a shift UP-filter is investigated using the bipolar fuzzy characteristic function.
A BFS is called a bipolar fuzzy shift UP-filter (BFSUPF) of
if the conditions (
Consider a UP-algebra with the following Cayley table:
⊠ | 0 | ||||
---|---|---|---|---|---|
0 | 0 | ||||
0 | 0 | ||||
0 | 0 | 0 | |||
0 | 0 | 0 | 0 | ||
0 | 0 |
Define a BFS as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
0.7 | 0.7 | 0.5 | 0.5 | 0.5 |
Then, .
Every BFSUPI of is a BFSUPF of
.
Suppose that . By Theorem 2.5, we get that
. Hence,
.
In general, the converse of Theorem 3.3 is not true, as shown below.
From Example 3.2, we have .
Each BFSUPF of is a BFUPF of
.
Let . Then,
. Thus,
and
Hence, .
In general, the converse of Theorem 3.5 is not true, as shown below.
Consider the UP-algebra in Example 3.2, and define a BFS
as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
−0.8 | −0.6 | −0.5 | −0.5 | 0 | |
0.7 | 0.6 | 0.3 | 0.3 | 0.5 |
Then, the BFS . Indeed,
and
From Theorems 3.3 and 3.5 and Examples 3.4 and 3.6, we find that a BFUPF is a general concept of a BFSUPF, and a BFSUPF is a general concept of a BFSUPI.
If , then the set
and
.
Clearly, 0 ∈ be such that
and
That is, .
If is a subset of
, then the bipolar fuzzy characteristic function of
is denoted and defined as follows:
,
and
A nonempty subset of
is an SUPF of
if and only if
.
Assume that is an SUPF of
. Then,
, which implies that
. Thus, the conditions (
. If
and
, then
Thus,
and
On the contrary, suppose that or
. Thus,
and
Hence, we have the conditions ( is a BFSUPF of
.
(⇐) Assume that is a BFSUPF of
. Because
is nonempty, we obtain
, which implies that
. Let
and
. Then,
Thus, . Hence,
is an SUPF of
.
In this section, we characterize bipolar fuzzy shift UP-filters of UP-algebras in terms of level, fuzzy, and neutrosophic sets and find their relationships.
Let and (
, defined by
are called the , respectively.
Let . Then,
if and only if for all (
(i) the subset if
(ii) the subset if
Assume that . Let
be such that
Thus, .
Let and
Thus, .
(⇐) Suppose that for all if
if
. Then,
. Using
and choose
We have shown that condition ( and choose
. By using
Hence, condition (.
For any
is called the .
If , then
for all
This follows from Theorems 2.3 and 4.2.
If is a nonempty subset of
, then
A nonempty subset of
is an SUPF of
if and only if there exist a BFSUPF
and
This follows from Theorem 3.8, Corollary 4.3, and Remark 4.4.
For a BFS , the BFS
for all , and
.
For each BFS and element (
(i)
(ii)
(iii)
(iv)
Let . Then, the BFS
is a BFSUPF of
if and only if for all (
(i) the subset if
(ii) the subset if
This follows from Theorem 4.2 and Lemma 4.6.
In 1999, Smarandache [18] introduced a neutrosophic set (NS) as a structure of the form
, where
, and
are called the truth, indeterminate, and false membership functions, respectively. For simplicity, we denote the
by ⟨
An NS ⟨ is called a neutrosophic shift UP-filter (NSUPF) of
if the following six conditions hold:
An FS is called a fuzzy shift UP-filter (FSUPF) of
if it satisfies conditions (
For a function into the set of all real numbers
Let such that
if and only if
.
Assume that . Then,
, which implies that
. Then,
Thus, .
The converse of this theorem is clear.
A BFS is a BFSUPF of
if and only if
.
Assume that . Clearly,
and −
. If
, then
. Then,
.
Conversely, assume that . Then, conditions (
. Because −
and
.
For two FSs , we denote the BFS
as (
An NS ⟨ is an NSUPF of
if and only if the BFSs (
.
Assume that ⟨. Let
. Then,
Hence, (. In the same manner, we can prove that (
.
Conversely, assume that the BFSs (. It is clear that ⟨
, we have
and
for all . Thus, ⟨
.
Let . Then,
if and only if the NS ⟨
.
Assume that . By Theorem 4.11, we obtain that ⟨
, then
and
Thus, ⟨.
Conversely, assume that ⟨. Then,
. It follows from Theorem 4.11 that
.
In this paper, we introduced the concept of bipolar fuzzy shift UP-filters of UP-algebras and investigated its important properties. Relations between bipolar fuzzy shift UP-filters and other shift UP-filters (fuzzy and neutrosophic shift UP-filters) have been given. Finally, we characterized bipolar fuzzy shift UP-filters in terms of level, fuzzy, and neutrosophic sets.
In the future, we will extend bipolar fuzzy soft shift UP-filters over UP-algebras, provide some properties, and apply them to decision-making problems.
No potential conflict of interest relevant to this article was reported.
International Journal of Fuzzy Logic and Intelligent Systems 2023; 23(3): 294-302
Published online September 25, 2023 https://doi.org/10.5391/IJFIS.2023.23.3.294
Copyright © The Korean Institute of Intelligent Systems.
Thiti Gaketem1 , Pannawit Khamrot2
, Pongpun Julatha3
, Rukchart Prasertpong4
, and Aiyared Iampan1
1Fuzzy Algebras and Decision-Making Problems Research Unit, Department of Mathematics, School of Science, University of Phayao, Phayao, Thailand
2Faculty of Science and Agricultural Technology, Rajamangala University of Technology, Lanna Phitsanulok, Thailand
3Department of Mathematics, Faculty of Science and Technology, Pibulsongkram Rajabhat University, Phitsanulok, Thailand
4Division of Mathematics and Statistics, Faculty of Science and Technology, Nakhon Sawan Rajabhat University, Nakhon Sawan, Thailand
Correspondence to:Aiyared Iampan (aiyared.ia@up.ac.th)
This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted noncommercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
In this paper, we present the concept of bipolar fuzzy shift UP-filters of UP-algebras by applying the concept of shift UP-filters to bipolar fuzzy sets and investigating their essential properties. In UP-algebras, we found that every bipolar fuzzy strong UP-ideal is a bipolar fuzzy shift UP-filter, and every bipolar fuzzy shift UP-filter is a bipolar fuzzy UP-filter. An important relationship between bipolar fuzzy shift UP-filters and their bipolar fuzzy characteristic functions is presented. The relations between bipolar fuzzy shift UP-filters and other shift UP-filters (fuzzy and neutrosophic shift UP-filters) are given. Finally, characterizations of bipolar fuzzy shift UP-filters are investigated in terms of level, fuzzy, and neutrosophic sets.
Keywords: UP-algebra, Shift UP-filter, Fuzzy shift UP-filter, Bipolar fuzzy shift UP-filter, Neutrosophic shift UP-filter
BCK-algebras [1], BCI-algebras [2], BCH-algebras [3], KU-algebras [4], PSRU-algebras [5], UP-algebras [6], and other algebraic structures have been the subject of several academic projects. They are inextricably linked to logic. For example, BCI-algebras were introduced by Iséki [1] in 1966 and have linkages with BCI-logic, which is the BCI-system in combinatory logic and has applications in functional programming. BCK- and BCI-algebras are two classes of logical algebras. Imai and Iséki [2] introduced them in 1966, and many scholars have examined them. BCK-algebras are a proper subclass of BCI-algebras, as is well known. Prabpayak and Leerawat [4] established the notion of KU-algebras in 2009. KU-algebras were extended to UP-algebras by Iampan [6] in 2017.
The concept of a fuzzy set in a nonempty set was first considered by Zadeh [7]. The fuzzy set theories developed by Zadeh and others have shown many mathematical structures to solve uncertainties. The concept of fuzzy set was developed in fuzzy set theory, for example, intuitionistic fuzzy sets, Pythagorean fuzzy sets, interval-valued fuzzy sets, neutrosophic sets, and vague sets. The fuzzy set was extended by the bipolar-valued fuzzy set whose membership degree range is [−1, 0] ∪ [0, 1], which was of interest to Zhang in 1994 [8]. In 2008, Jun and Song [9] used the concept of bipolar fuzzy sets in BCH-algebras. Many researchers have studied bipolar fuzzy sets in algebraic structures; in 2011, Lee and Jun [10] studied bipolar fuzzy a-ideals of BCI-algebras, and in 2012, Jun et al. [11] studied bipolar fuzzy CI-algebras. In 2021, Muhiuddin and Al-Kadi [12] studied bipolar fuzzy implicative ideals of BCK-algebras. Gaketem and Khamrot [13] introduced the concept of bipolar fuzzy weakly interior ideals of semigroups. The relationships between bipolar fuzzy weakly interior ideals and bipolar fuzzy left (right) ideals and between bipolar fuzzy weakly interior ideals and bipolar fuzzy interior ideals have also been discussed. Gaketem et al. [14] introduced the concept of bipolar fuzzy implicative UP-filters (BFIUPFs) in UP-algebras.
To extend the concept of shift UP-filters of UP-algebras introduced by Jun and Iampan [15] in 2019 and bipolar fuzzy set theory applied to UP-algebras by Kawila et al. [16] in 2018, in this paper, we present the concept of bipolar fuzzy shift UP-filters of UP-algebras by applying the concept of shift UP-filters to bipolar fuzzy sets and investigate its essential properties. The relations between bipolar fuzzy shift UP-filters and other shift UP-filters (fuzzy and neutrosophic shift UP-filters) are given. Finally, characterizations of bipolar fuzzy shift UP-filters are investigated in terms of level, fuzzy, and neutrosophic sets.
First, we start with the definition of UP-algebras as follows:
A ) of type (2, 0), where
is a nonempty set, 0 is a fixed element of
, and ⊠ is a binary operation on
if it satisfies the following four conditions:
According to [6], UP-algebras are a generalization of the concept of KU-algebras (see [4]). Unless otherwise indicated, let denote the UP-algebra (
). The binary relation ≤ on
is defined as follows:
and the following statements are true (see [6, 17]):
A nonempty subset of
is called a shift UP-filter (SUPF) of
if
If is a family of SUPFs of
, then
is an SUPF of
.
A fuzzy set (FS) is a function from
to the closed unit interval [0, 1] of real numbers, i.e.,
. A bipolar fuzzy set (BFS)
is an object of the form
where and
. We use the symbol
for simplicity. The concept of BFSs is an extension of that of FSs. In 2018, Kawila et al. [16] introduced the concepts of a bipolar fuzzy UP-filter and bipolar fuzzy strong UP-ideal of
as follows.
A BFS is called
(1) a bipolar fuzzy UP-filter (BFUPF) of if the following four conditions hold:
(2) a bipolar fuzzy strong UP-ideal (BFSUPI) of if the conditions (
A BFS is a BFSUPI of
if and only if
Consider an UP-algebra with the following Cayley table:
⊠ | 0 | ||||
---|---|---|---|---|---|
0 | 0 | ||||
0 | 0 | ||||
0 | 0 | 0 | |||
0 | 0 | 0 | 0 | ||
0 | 0 | 0 | 0 |
(1) Define a BFS as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
0.7 | 0.5 | 0.5 | 0.3 | 0.3 |
Then, but not a BFSUPI.
(2) Define a BFS as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
Then,
In this section, we introduce the concept of bipolar fuzzy shift UP-filters of UP-algebras and discuss its properties. Moreover, one characterization of a shift UP-filter is investigated using the bipolar fuzzy characteristic function.
A BFS is called a bipolar fuzzy shift UP-filter (BFSUPF) of
if the conditions (
Consider a UP-algebra with the following Cayley table:
⊠ | 0 | ||||
---|---|---|---|---|---|
0 | 0 | ||||
0 | 0 | ||||
0 | 0 | 0 | |||
0 | 0 | 0 | 0 | ||
0 | 0 |
Define a BFS as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
0.7 | 0.7 | 0.5 | 0.5 | 0.5 |
Then, .
Every BFSUPI of is a BFSUPF of
.
Suppose that . By Theorem 2.5, we get that
. Hence,
.
In general, the converse of Theorem 3.3 is not true, as shown below.
From Example 3.2, we have .
Each BFSUPF of is a BFUPF of
.
Let . Then,
. Thus,
and
Hence, .
In general, the converse of Theorem 3.5 is not true, as shown below.
Consider the UP-algebra in Example 3.2, and define a BFS
as follows:
![]() | 0 | ||||
---|---|---|---|---|---|
−0.8 | −0.6 | −0.5 | −0.5 | 0 | |
0.7 | 0.6 | 0.3 | 0.3 | 0.5 |
Then, the BFS . Indeed,
and
From Theorems 3.3 and 3.5 and Examples 3.4 and 3.6, we find that a BFUPF is a general concept of a BFSUPF, and a BFSUPF is a general concept of a BFSUPI.
If , then the set
and
.
Clearly, 0 ∈ be such that
and
That is, .
If is a subset of
, then the bipolar fuzzy characteristic function of
is denoted and defined as follows:
,
and
A nonempty subset of
is an SUPF of
if and only if
.
Assume that is an SUPF of
. Then,
, which implies that
. Thus, the conditions (
. If
and
, then
Thus,
and
On the contrary, suppose that or
. Thus,
and
Hence, we have the conditions ( is a BFSUPF of
.
(⇐) Assume that is a BFSUPF of
. Because
is nonempty, we obtain
, which implies that
. Let
and
. Then,
Thus, . Hence,
is an SUPF of
.
In this section, we characterize bipolar fuzzy shift UP-filters of UP-algebras in terms of level, fuzzy, and neutrosophic sets and find their relationships.
Let and (
, defined by
are called the , respectively.
Let . Then,
if and only if for all (
(i) the subset if
(ii) the subset if
Assume that . Let
be such that
Thus, .
Let and
Thus, .
(⇐) Suppose that for all if
if
. Then,
. Using
and choose
We have shown that condition ( and choose
. By using
Hence, condition (.
For any
is called the .
If , then
for all
This follows from Theorems 2.3 and 4.2.
If is a nonempty subset of
, then
A nonempty subset of
is an SUPF of
if and only if there exist a BFSUPF
and
This follows from Theorem 3.8, Corollary 4.3, and Remark 4.4.
For a BFS , the BFS
for all , and
.
For each BFS and element (
(i)
(ii)
(iii)
(iv)
Let . Then, the BFS
is a BFSUPF of
if and only if for all (
(i) the subset if
(ii) the subset if
This follows from Theorem 4.2 and Lemma 4.6.
In 1999, Smarandache [18] introduced a neutrosophic set (NS) as a structure of the form
, where
, and
are called the truth, indeterminate, and false membership functions, respectively. For simplicity, we denote the
by ⟨
An NS ⟨ is called a neutrosophic shift UP-filter (NSUPF) of
if the following six conditions hold:
An FS is called a fuzzy shift UP-filter (FSUPF) of
if it satisfies conditions (
For a function into the set of all real numbers
Let such that
if and only if
.
Assume that . Then,
, which implies that
. Then,
Thus, .
The converse of this theorem is clear.
A BFS is a BFSUPF of
if and only if
.
Assume that . Clearly,
and −
. If
, then
. Then,
.
Conversely, assume that . Then, conditions (
. Because −
and
.
For two FSs , we denote the BFS
as (
An NS ⟨ is an NSUPF of
if and only if the BFSs (
.
Assume that ⟨. Let
. Then,
Hence, (. In the same manner, we can prove that (
.
Conversely, assume that the BFSs (. It is clear that ⟨
, we have
and
for all . Thus, ⟨
.
Let . Then,
if and only if the NS ⟨
.
Assume that . By Theorem 4.11, we obtain that ⟨
, then
and
Thus, ⟨.
Conversely, assume that ⟨. Then,
. It follows from Theorem 4.11 that
.
In this paper, we introduced the concept of bipolar fuzzy shift UP-filters of UP-algebras and investigated its important properties. Relations between bipolar fuzzy shift UP-filters and other shift UP-filters (fuzzy and neutrosophic shift UP-filters) have been given. Finally, we characterized bipolar fuzzy shift UP-filters in terms of level, fuzzy, and neutrosophic sets.
In the future, we will extend bipolar fuzzy soft shift UP-filters over UP-algebras, provide some properties, and apply them to decision-making problems.
⊠ | 0 | ||||
---|---|---|---|---|---|
0 | 0 | ||||
0 | 0 | ||||
0 | 0 | 0 | |||
0 | 0 | 0 | 0 | ||
0 | 0 | 0 | 0 |
![]() | 0 | ||||
---|---|---|---|---|---|
0.7 | 0.5 | 0.5 | 0.3 | 0.3 |
![]() | 0 | ||||
---|---|---|---|---|---|
0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
⊠ | 0 | ||||
---|---|---|---|---|---|
0 | 0 | ||||
0 | 0 | ||||
0 | 0 | 0 | |||
0 | 0 | 0 | 0 | ||
0 | 0 |
![]() | 0 | ||||
---|---|---|---|---|---|
0.7 | 0.7 | 0.5 | 0.5 | 0.5 |
![]() | 0 | ||||
---|---|---|---|---|---|
−0.8 | −0.6 | −0.5 | −0.5 | 0 | |
0.7 | 0.6 | 0.3 | 0.3 | 0.5 |
Akarachai Satirad, Ronnason Chinram, Pongpun Julath, and Aiyared Iampan
International Journal of Fuzzy Logic and Intelligent Systems 2023; 23(1): 56-78 https://doi.org/10.5391/IJFIS.2023.23.1.56