Intuitionistic fuzzy MABAC method based on cumulative prospect theory for multiple attribute group decision making

2021 ◽  
Author(s):  
Mengwei Zhao ◽  
Guiwu Wei ◽  
Xudong Chen ◽  
Yu Wei
Keyword(s):  
Decision Making ◽  
Prospect Theory ◽  
Group Decision Making ◽  
Group Decision ◽  
Cumulative Prospect Theory ◽  
Intuitionistic Fuzzy ◽  
Multiple Attribute

EDAS method based on cumulative prospect theory for multiple attribute group decision-making under picture fuzzy environment

2021 ◽  
pp. 1-13
Author(s):  
Zhiwei Jiang ◽  
Guiwu Wei ◽  
Xudong Chen
Keyword(s):  
Decision Making ◽  
Prospect Theory ◽  
Group Decision Making ◽  
Group Decision ◽  
Cumulative Prospect Theory ◽  
Shopping Mall ◽  
Corporate Executives ◽  
Fuzzy Environment ◽  
Multiple Attribute ◽  
New City

For the long-term development of shopping mall, the managers of shopping mall tend to build a new store to expand the enterprise’s market share in a new city. After holding a preliminary survey of the city, managers have initially identified five sites for construction. In order to select an optimal site, managers invite four experts who come from university, marking statistics, corporate executives and accounting to score sites. And they choose the best site on the basis of scores. The trait of EDAS method is to select an optimal alternative by using the distance of each alternative from the first-rank value. In this manuscript, we build the picture fuzzy EDAS method based on the cumulative prospect theory (PF-CPT-EDAS) for multiple attribute group decision-making (MAGDM) and it can help managers to choose an optimal alternative effectively. During the procedure of PF-CPT-EDAS means, we take advantage of the entropy means to calculate the original weights of all attributes. Ultimately, we testify the effectiveness of the novel model by comparing the overcome of PF-CPT-EDAS means with the results of PF-EDAS approach and other methods.

Grey relational analysis method based on cumulative prospect theory for intuitionistic fuzzy multi-attribute group decision making

2021 ◽  
Vol 41 (2) ◽  
pp. 3783-3795
Author(s):  
Shanshan Zhang ◽  
Hui Gao ◽  
Guiwu Wei ◽  
Xudong Chen
Keyword(s):  
Decision Making ◽  
Fuzzy Sets ◽  
Prospect Theory ◽  
Group Decision Making ◽  
Grey Relational Analysis ◽  
Group Decision ◽  
Cumulative Prospect Theory ◽  
Relational Analysis ◽  
Intuitionistic Fuzzy ◽  
Grey Relational

The Multi-attribute group decision making (MAGDM) problem is an interesting everyday problem full of complexity and ambiguity. As an extended form of fuzzy sets, intuitionistic fuzzy sets (IFSs) can provide decision-makers (DMs) with a wider range of preferences for MAGDM. The grey relational analysis (GRA) is an effective method for dealing with MAGDM problems. However, in view of the incomplete and asymmetric information and the influence of DMs’ psychological factors on the decision result, we develop a new model that GRA method based on cumulative prospect theory (CPT) under the intuitionistic fuzzy environment. Moreover, the weight of attribute is calculated by entropy weight, so as to distinguish the importance level of attributes, which greatly improves the credibility of the selected scheme. simultaneously, the proposed method is used to the selection of optimal green suppliers for testifying the availability of this new model and the final comparison between this new method and the existing methods further verify the reliability. In addition, the proposed method provides some references for other selection problems.

scholarly journals Hybrid Multiattribute Group Decision Making Based on Intuitionistic Fuzzy Information and GRA Method

2013 ◽  
Vol 2013 ◽  
pp. 1-10 ◽  
Author(s):  
Jian Guo
Keyword(s):  
Decision Making ◽  
Group Decision Making ◽  
Group Decision ◽  
Decision Makers ◽  
Ideal Solution ◽  
Decision Matrix ◽  
Intuitionistic Fuzzy ◽  
Multiple Attribute ◽  
Intuitionistic Fuzzy Entropy ◽  
Fuzzy Group Decision Making

Hybrid multiple attribute group decision making involves ranking and selecting competing courses of action available using attributes to evaluate the alternatives. The decision makers assessment information can be expressed in the form of real number, interval-valued number, linguistic variable, and the intuitionistic fuzzy number. All these evaluation information can be transformed to the form of intuitionistic fuzzy numbers. A combined GRA with intuitionistic fuzzy group decision-making approach is proposed. Firstly, the hybrid decision matrix is standardized and then transformed into an intuitionistic fuzzy decision matrix. Then, intuitionistic fuzzy averaging operator is utilized to aggregate opinions of decision makers. Intuitionistic fuzzy entropy is utilized to obtain the entropy weights of the criteria, respectively. After intuitionistic fuzzy positive ideal solution and intuitionistic fuzzy negative ideal solution are calculated, the grey relative relational degree of alternatives is obtained and alternatives are ranked. In the end, a numerical example illustrates the validity and applicability of the proposed method.

scholarly journals Methods for Multiple Attribute Group Decision Making Based on Intuitionistic Fuzzy Dombi Hamy Mean Operators

Symmetry ◽  
2018 ◽  
Vol 10 (11) ◽  
pp. 574 ◽  
Author(s):  
Zengxian Li ◽  
Hui Gao ◽  
Guiwu Wei
Keyword(s):  
Decision Making ◽  
Group Decision Making ◽  
Fuzzy Numbers ◽  
Group Decision ◽  
Intuitionistic Fuzzy Numbers ◽  
Intuitionistic Fuzzy ◽  
Multiple Attribute ◽  
Selection Of

In this paper, we extended the Hamy mean (HM) operator, the Dombi Hamy mean (DHM) operator, the Dombi dual Hamy mean (DDHM), with the intuitionistic fuzzy numbers (IFNs) to propose the intuitionistic fuzzy Dombi Hamy mean (IFDHM) operator, intuitionistic fuzzy weighted Dombi Hamy mean (IFWDHM) operator, intuitionistic fuzzy Dombi dual Hamy mean (IFDDHM) operator, and intuitionistic fuzzy weighted Dombi dual Hamy mean (IFWDDHM) operator. Following this, the multiple attribute group decision-making (MAGDM) methods are proposed with these operators. To conclude, we utilized an applicable example for the selection of a car supplier to prove the proposed methods.

scholarly journals An EDAS Method for Multiple Attribute Group Decision-Making under Intuitionistic Fuzzy Environment and Its Application for Evaluating Green Building Energy-Saving Design Projects

Symmetry ◽  
2020 ◽  
Vol 12 (3) ◽  
pp. 484 ◽  
Author(s):  
Yuan Liang
Keyword(s):  
Decision Making ◽  
Energy Saving ◽  
Group Decision Making ◽  
Group Decision ◽  
Green Building ◽  
Building Energy ◽  
Intuitionistic Fuzzy ◽  
Multiple Attribute ◽  
Building Energy Saving ◽  
Design Projects

Multiple attribute group decision-making (MAGDM) methods have a significant influence on decision-making in a variety of strategic fields, including science, business and real-life studies. The problem of evaluation in green building energy-saving design projects could be regarded as a type of MAGDM problem. The evaluation based on distance from average solution (EDAS) method is one of the MAGDM methods, which simplifies the traditional decision-making process. Symmetry among some attributes that are known and unknown as well as between pure attribute sets and fuzzy attribute membership sets can be an effective way to solve MAGDM problems. In this paper, the classical EDAS method is extended to intuitionistic fuzzy environments to solve some MAGDM issues. First, some concepts of intuitionistic fuzzy sets (IFSs) are briefly reviewed. Then, by integrating the EDAS method with IFSs, we establish an IF-EDAS method to solve the MAGDM issues and present all calculating procedures in detail. Finally, we provide an empirical application for evaluating green building energy-saving design projects to demonstrate this novel method. Some comparative analyses are also made to show the merits of the method.

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