Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Jurnal Orientasi Bisnis dan Entrepreneurship
Syafwan, Mahdivan
Unknown Affiliation
Economics, Econometrics & Finance Other

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Intuitionistic Fuzzy Differential Equations for Economic Cycles: Theory and Indonesian Applications Efendi, Efendi; Nazra, Admi; Haripamyu, Haripamyu; Syafwan, Mahdivan
Jurnal Orientasi Bisnis dan Entrepreneurship (JOBS) Vol 6 No 2 (2025): DECEMBER 2025
Publisher : Lembaga Penelitian Universitas YARSI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33476/jobs.v6i2.5850

Abstract

This paper reviews the literature at the intersection of Intuitionistic Fuzzy Differential Equations (IFDEs) and economic modeling, emphasizing their potential to explain economic cycle dynamics under uncertainty. The review identifies a clear research gap, as no existing studies explicitly apply IFDE-based models to economic cycles. To address this gap, the paper synthesizes two related research streams: the mathematical foundations of IFDEs and the application of Intuitionistic Fuzzy Sets (IFS) in economics and finance. The analysis shows that IFDEs extend conventional fuzzy and differential equation models by incorporating membership (µ), non-membership (ν), and hesitation (π) degrees, allowing uncertainty and behavioral ambiguity to be modeled endogenously. Based on this synthesis, a conceptual IFDE-based framework for economic cycle analysis is proposed. Simulation experiments using Indonesia’s macroeconomic data indicate that second-order IFDE models can detect expansion–contraction transition phases 20–30% earlier than classical models and uncover policy-induced uncertainty bands overlooked by standard approaches. These results suggest that IFDEs provide a valuable decision-support tool for policymakers in structurally volatile economies.
Co-Authors Admi Nazra Efendi Efendi Haripamyu Haripamyu