scholarly journals Two-person game with hesitant fuzzy payoff: An application in MADM

Author(s):  
Jishu Jana ◽  
Sankar Kumar Roy

Hesitant Fuzzy Set (HFS) permits the membership function having a collection of probable values which are more effective for modelling the real-life problems. Multiple Attribute Decision Making (MADM) process apparently assesses multiple conflicting attribute in decision making. In traditional decision making problems, each player is moving independently whereas in reality it is seen that each player aims to maximize personal profit which causes a negative impact on other player. MADM problem treats with candidate to the best alternative corresponding to the several attributes. Here, we present an MADM problem under hesitant fuzzy information and then transforming it into two-person matrix game, referred to herein as MADM game. The Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) is one of the prominent approach for solving the MADM problems. In this work, we develop the TOPSIS based on Ordered Weighted Aggregation (OWA) operator and hybrid hesitant fuzzy normalized Euclidean distance. Then the two approaches, namely Hybrid Hesitant Fuzzy Ordered Weighted Aggregation-TOPSIS (HHFOWA-TOPSIS) and the Linear Programming Problem (LPP) are applied to solve the formulated MADM game. For solving MADM game, we apply LPP by considering the various values of $\alpha, \psi$, and HHFOWA-TOPSIS for finding the optimal alternative according to their scores. An investment selection problem is included to explain the feasibility and superiority of our formulated approaches. A comparison analysis is drawn among the obtained results which are derived from the two approaches. LPP and HHFOWA-TOPSIS provide the best alternative for the proposed problem. Finally, conclusions about our findings and outlooks are described.

Symmetry ◽  
2022 ◽  
Vol 14 (1) ◽  
pp. 135
Author(s):  
Chittaranjan Shit ◽  
Ganesh Ghorai ◽  
Qin Xin ◽  
Muhammad Gulzar

Picture fuzzy sets (PFSs) can be used to handle real-life problems with uncertainty and vagueness more effectively than intuitionistic fuzzy sets (IFSs). In the process of information aggregation, many aggregation operators under PFSs are used by different authors in different fields. In this article, a multi-attribute decision-making (MADM) problem is introduced utilizing harmonic mean aggregation operators with trapezoidal fuzzy number (TrFN) under picture fuzzy information. Three harmonic mean operators are developed namely trapezoidal picture fuzzy weighted harmonic mean (TrPFWHM) operator, trapezoidal picture fuzzy order weighted harmonic mean (TrPFOWHM) operator and trapezoidal picture fuzzy hybrid harmonic mean (TrPFHHM) operator. The related properties about these operators are also studied. At last, an MADM problem is considered to interrelate among these operators. Furthermore, a numerical instance is considered to explain the productivity of the proposed operators.


2015 ◽  
Vol 24 (1) ◽  
pp. 23-36 ◽  
Author(s):  
Jun Ye

AbstractOn the basis of the combination of single-valued neutrosophic sets and hesitant fuzzy sets, this article proposes a single-valued neutrosophic hesitant fuzzy set (SVNHFS) as a further generalization of the concepts of fuzzy set, intuitionistic fuzzy set, single-valued neutrosophic set, hesitant fuzzy set, and dual hesitant fuzzy set. Then, we introduce the basic operational relations and cosine measure function of SVNHFSs. Also, we develop a single-valued neutrosophic hesitant fuzzy weighted averaging (SVNHFWA) operator and a single-valued neutrosophic hesitant fuzzy weighted geometric (SVNHFWG) operator and investigate their properties. Furthermore, a multiple-attribute decision-making method is established on the basis of the SVNHFWA and SVNHFWG operators and the cosine measure under a single-valued neutrosophic hesitant fuzzy environment. Finally, an illustrative example of investment alternatives is given to demonstrate the application and effectiveness of the developed approach.


2014 ◽  
Vol 693 ◽  
pp. 237-242
Author(s):  
Kateřina Kashi ◽  
Jiří Franek

The aim of this applied research is to focus on real-life application of multiple attribute decision making (MADM) methods and their adaptation in a way which can be acceptable for business practice. The study will apply the group decision making methods on a Balanced Scorecard (BSC) as a type of performance measurement and strategic decision making. The study is mainly concerned with multiple criteria decomposition method of analytic network process (ANP) method, WINGS technique and entropy. This group of methods had been already applied in several business domains. However, majority of the implementation was only presented as an example how it could work in practice, but they were not investigated from the perspective of how much information they could provide to the management. In this paper, proposed methods will be used to determine which criteria are most important for the company within the Balanced Scorecard and results of all methods will be compared. The aim of this study is, by utilizing group MADM approach, to discover the areas of the BSC which must be improved so that a total performance increases.


2012 ◽  
Vol 433-440 ◽  
pp. 4053-4058 ◽  
Author(s):  
Yuan Yuan ◽  
Li Yang He

This electronic document is a “live” template. The various components of your paper [title, text, heads, etc.] are already defined on the style sheet, as illustrated by the portions given in this document. Due to the nature of vagueness inherent to real-life situations, some fuzzy data are deemed to suitable enough to describe the qualitative and/or quantitative estimation for decision making problems. Therefore, a new method for multiple attribute decision making under fuzzy environment is discussed, in which the attribute values take the form of intuitionistic fuzzy numbers. To overcome some disadvantages of existing distance measures like indiscrimination, counterintuitive results and difficulty of interpretation, we introduce a new class of distance for describing the deviation degrees between intuitionistic fuzzy sets. Furthermore, the measure of similarity degree for each alternative to ideal point is calculated through using the new proposed fuzzy distance. A model of TOPSIS is designed with the introduction of the particular closeness coefficient composed of similarity degrees. Then, we extend the TOPSIS method to aggregate the fuzzy information corresponding to each alternative, and rank the alternatives according to their closeness coefficients. Finally, an illustrative example is given to demonstrate the proposed approach practicality and effectiveness.


Symmetry ◽  
2020 ◽  
Vol 12 (2) ◽  
pp. 191
Author(s):  
Wang ◽  
Li ◽  
Zhang ◽  
Han

Multiple attribute decision making (MADM) is full of uncertainty and vagueness due to intrinsic complexity, limited experience and individual cognition. Representative decision theories include fuzzy set (FS), intuitionistic fuzzy set (IFS), hesitant fuzzy set (HFS), dual hesitant fuzzy set (DHFS) and so on. Compared with IFS and HFS, DHFS has more advantages in dealing with uncertainties in real MADM problems and possesses good symmetry. The membership degrees and non-membership degrees in DHFS are simultaneously permitted to represent decision makers’ preferences by a given set having diverse possibilities. In this paper, new distance measures for dual hesitant fuzzy sets (DHFSs) are developed in terms of the mean, variance and number of elements in the dual hesitant fuzzy elements (DHFEs), which overcomes some deficiencies of the existing distance measures for DHFSs. The proposed distance measures are effectively applicable to solve MADM problems where the attribute weights are completely unknown. With the help of the new distance measures, the attribute weights are objectively determined, and the closeness coefficients of each alternative can be objectively obtained to generate optimal solution. Finally, an evaluation problem of airline service quality is conducted by using the distance-based MADM method to demonstrate its validity and applicability.


2020 ◽  
Vol 2020 ◽  
pp. 1-12 ◽  
Author(s):  
Harish Garg ◽  
Abazar Keikha ◽  
Hassan Mishmast Nehi

The paper aims are to present a method to solve the multiple-attribute decision-making (MADM) problems under the hesitant fuzzy set environment. In MADM problems, the information collection, aggregation, and the measure phases are crucial to direct the problem. However, to handle the uncertainties in the collection data, a hesitant fuzzy number is one of the most prominent ways to express uncertain and vague information in terms of different discrete numbers rather than a single crisp number. Additionally, to aggregate and to rank the collective numbers, a TOPSIS (“Technique for Order of Preference by Similarity to Ideal Solution”) and the Choquet integral (CI) are the useful tools. Keeping all these features, in the present paper, we combine the TOPSIS and CI methods for hesitant fuzzy information and hence present a method named as TOPSIS-CI to address the MADM problems. The presented method has been described with a numerical example. Finally, the validity of the stated method as well as a comparative analysis with the existing methods is addressed in detail.


Algorithms ◽  
2018 ◽  
Vol 11 (9) ◽  
pp. 135 ◽  
Author(s):  
Jun Ye ◽  
Wenhua Cui

Linguistic decision making (DM) is an important research topic in DM theory and methods since using linguistic terms for the assessment of the objective world is very fitting for human thinking and expressing habits. However, there is both uncertainty and hesitancy in linguistic arguments in human thinking and judgments of an evaluated object. Nonetheless, the hybrid information regarding both uncertain linguistic arguments and hesitant linguistic arguments cannot be expressed through the various existing linguistic concepts. To reasonably express it, this study presents a linguistic cubic hesitant variable (LCHV) based on the concepts of a linguistic cubic variable and a hesitant fuzzy set, its operational relations, and its linguistic score function for ranking LCHVs. Then, the objective extension method based on the least common multiple number/cardinality for LCHVs and the weighted aggregation operators of LCHVs are proposed to reasonably aggregate LCHV information because existing aggregation operators cannot aggregate LCHVs in which the number of their hesitant components may imply difference. Next, a multi-attribute decision-making (MADM) approach is proposed based on the weighted arithmetic averaging (WAA) and weighted geometric averaging (WGA) operators of LCHVs. Lastly, an illustrative example is provided to indicate the applicability of the proposed approaches.


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