scholarly journals Two axiomatic approaches to decision making using possibility theory

2005 ◽  
Vol 162 (2) ◽  
pp. 450-467 ◽  
Author(s):  
Phan H. Giang ◽  
Prakash P. Shenoy
Author(s):  
Dominik Hose ◽  
Markus Mäck ◽  
Michael Hanss

Abstract In this contribution, the optimization of systems under uncertainty is considered. The possibilistic evaluation of the fuzzy-valued constraints and the adoption of a multicriteria decision making technique for the fuzzy-valued objective function enable a meaningful solution to general fuzzy-valued optimization problems. The presented approach is universally applicable, which is demonstrated by reformulating and solving the linear quadratic regulator problem for fuzzy-valued system matrices and initial conditions.


2016 ◽  
Vol 2016 ◽  
pp. 1-10 ◽  
Author(s):  
Fatma Dammak ◽  
Leila Baccour ◽  
Adel M. Alimi

This work is interested in showing the importance of possibility theory in multicriteria decision making (MCDM). Thus, we apply some possibility measures from literature to the MCDM method using interval-valued intuitionistic fuzzy sets (IVIFSs). These measures are applied to a decision matrix after being transformed with aggregation operators. The results are compared between each other and concluding remarks are drawn.


2003 ◽  
Vol 5 (4) ◽  
pp. 215-232 ◽  
Author(s):  
Jim W. Hall

Hydroinformatics combines topics of modelling and decision-making, both of which have attracted a great deal of attention outside hydroinformatics from the point of view of uncertainty. Epistemic uncertainties are due to the inevitably incomplete evidence about the dependability of a model or set of competing models. Inherent uncertainties are due to the varying information content inherent in measurements or model predictions, be they probabilistic or fuzzy. Decision-making in management of the aquatic environment is, more often than not, a complex, discursive, multi-player process. The requirement for hydroinformatics systems is to support rather than replace human judgment in this process, a requirement that has significant bearing on the treatment of uncertainty. Furthermore, a formal language is required to encode uncertainty in computer systems. We therefore review the modern mathematics of uncertainty, starting first with probability theory and then extending to fuzzy set theory and possibility theory, the theory of evidence (and its random set counterpart), which generalises probability and possibility theory, and higher-order generalisations. A simple example from coastal hydraulics illustrates how a range of types of uncertain information (including probability distributions, interval measurements and fuzzy sets) can be handled in the types of algebraic or numerical functions that form the kernel of most hydroinformatic systems.


In this chapter, the authors discuss some basic concepts of probability theory and possibility theory that are useful when reading the subsequent chapters of this book. The multi-objective fuzzy stochastic programming models developed in this book are based on the concepts of advanced topics in fuzzy set theory and fuzzy random variables (FRVs). Therefore, for better understanding of these advanced areas, the authors at first presented some basic ideas of probability theory and probability density functions of different continuous probability distributions. Afterwards, the necessity of the introduction of the concept of fuzzy set theory, some important terms related to fuzzy set theory are discussed. Different defuzzification methodologies of fuzzy numbers (FNs) that are useful in solving the mathematical models in imprecisely defined decision-making environments are explored. The concept of using FRVs in decision-making contexts is defined. Finally, the development of different forms of fuzzy goal programming (FGP) techniques for solving multi-objective decision-making (MODM) problems is underlined.


2014 ◽  
Vol 513-517 ◽  
pp. 2672-2675
Author(s):  
Yuan Cheng Tsai ◽  
Yi Lun Chi

The paper formulated a proposed methodology to manage diminishing manufacturing sources and material shortage (DMS) with conclusions and recommendations on the subject of component obsolescence management in a military electronic support environment. By assessing applicable literature as well as feedback and lessons learned from relevant support projects, a strategy for the management of component obsolescence is proposed. The aim of the research is to explore the problem of managing DMS strategies by the method of project management and describes the risk of running distinct strategies to solve problems of DMS by fuzzy theory and possibility theory. Based on the results, this paper can be applied to support businesses quickly to determine the Strategies Combination, Resource Allocation and Inventory by using the model and genetic algorithm. A case study of an aerospace industry is used to illustrate the concept developed, which would be meaningful to reduce applicable obsolescence risks and thereby reducing related inventory and manpower costs.


2021 ◽  
Vol 40 (1) ◽  
pp. 1343-1356
Author(s):  
Aamir Mahboob ◽  
Tabasam Rashid

 In this paper, a multistage decision-making problem concerning uncertainty and ambiguity is discussed using Pythagorean fuzzy sets. Complement Pythagorean fuzzy membership grades and their properties are also considered. Using the definition of an alpha-level set, we introduce the multistage decision-making problems, where the possibility theory and satisfaction grades are declared with the help of Pythagorean membership grades. Pythagorean multistage decision-making is an uncertain theory, where decision-maker has only one opportunity to choose the scenario under the combination of Pythagorean possibility and satisfaction grades at each stage. According to the selection of criteria, a series of decision points are concluded. The payoff collaborates with these decision points at each stage. The multistage decision-making using Pythagorean fuzzy sets is the scenario-based theory in place of other theories like lottery-based theory etc. The results have been calculated using multistage Pythagorean fuzzy sets in which the decision-maker has only one chance to select the optimal solution. The TOPSIS technique has been applied and the comparison between these two techniques is highlighted.


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