Abstract

This paper describes an approach to measure the entrepreneurship orientation of online P2P lending platforms. The limitations of existing methods for calculating entropy of interval-valued intuitionistic fuzzy sets (IVIFSs) are significantly improved by a new entropy measure of IVIFS considered in this paper, and then the essential properties of the proposed entropy are introduced. Moreover, an evaluation procedure is proposed to measure entrepreneurship orientation of online P2P lending platforms. Finally, a case is used to demonstrate the effectiveness of this method.

Highlights

  • With the enormous popularity of online communities, a new way of loan origination has entered the credit market: online peer-to-peer (P2P) lending [1]

  • This paper describes an approach to measure the entrepreneurship orientation of online P2P lending platforms

  • Zhang et al [46] proposed a new information entropy measure of interval-valued intuitionistic fuzzy set by using membership interval and nonmembership interval of interval-valued intuitionistic fuzzy sets (IVIFSs), which complied with the extended form of de Luca and Termini [26] axioms for fuzzy entropy

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Summary

Introduction

With the enormous popularity of online communities, a new way of loan origination has entered the credit market: online peer-to-peer (P2P) lending [1]. Zhang et al [46] proposed a new information entropy measure of interval-valued intuitionistic fuzzy set by using membership interval and nonmembership interval of IVIFSs, which complied with the extended form of de Luca and Termini [26] axioms for fuzzy entropy. We propose a novel formula to calculate the entropy of an IVIFS on the basis of the argument on the relationship among the entropies given in [50, 51] and use it to evaluate entrepreneurship orientation of online P2P lending platforms.

Preliminaries
An Effective Interval-Valued Intuitionistic Fuzzy Entropy
Numeric Examples for the New Interval-Valued Intuitionistic Fuzzy Entropy
Evaluating Entrepreneurship Orientation of Online P2P Lending Platforms
Conclusion
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