Interval-valued Intuitionistic Fuzzy Multi-attribute Decision-making Method Based on Prospect Theory and Grey Correlation

2018 ◽  
Vol 11 (3) ◽  
pp. 215-221 ◽  
Author(s):  
Sha Fu ◽  
Jian-Quan Xie ◽  
Ye-Zhi Xiao ◽  
Hang-Jun Zhou
Symmetry ◽  
2018 ◽  
Vol 10 (7) ◽  
pp. 281 ◽  
Author(s):  
Dajun Ye ◽  
Decui Liang ◽  
Pei Hu

In this article, we demonstrate how interval-valued intuitionistic fuzzy sets (IVIFSs) can function as extended intuitionistic fuzzy sets (IFSs) using the interval-valued intuitionistic fuzzy numbers (IVIFNs) instead of precision numbers to describe the degree of membership and non-membership, which are more flexible and practical in dealing with ambiguity and uncertainty. By introducing IVIFSs into three-way decisions, we provide a new description of the loss function. Thus, we firstly propose a model of interval-valued intuitionistic fuzzy decision-theoretic rough sets (IVIFDTRSs). According to the basic framework of IVIFDTRSs, we design a strategy to address the IVIFNs and deduce three-way decisions. Then, we successfully extend the results of IVIFDTRSs from single-person decision-making to group decision-making. In this situation, we adopt a grey correlation accurate weighted determining method (GCAWD) to compute the weights of decision-makers, which integrates the advantages of the accurate weighted determining method and grey correlation analysis method. Moreover, we utilize the interval-valued intuitionistic fuzzy weighted averaging (IIFWA) operation to count the aggregated scores and the accuracies of the expected losses. By comparing these scores and accuracies, we design a simple and straightforward algorithm to deduce three-way decisions for group decision-making. Finally, we use an illustrative example to verify our results.


2021 ◽  
pp. 1-15
Author(s):  
Eshika Aggarwal ◽  
B.K. Mohanty

An outranking procedure for Multi-Attribute Decision-Making (MADM) problems is introduced in our work that acts as a decision-aid in recommending the products to the buyers. The buyer’s product assessment is taken as Interval-Valued Intuitionistic Fuzzy Sets (IVIFS) in each attribute. The confidence level that is implicit in the buyer’s product rating is explicated in the proposed work using fuzzy entropy. As the confidence level of the buyer on the product assessment is for both satisfaction and reluctance, it is suitably distributed in membership and non-membership parts of IVIFS. Our work generates a dominance matrix that represents partial or full dominance of one product over another after scoring the products that are unified with buyer’s confidence. The proposed work suggests the product ranking after ascertaining the buyer’s flexibility. An algorithm is written in our work to validate the procedure developed. We have compared our work with other similar works to highlight the benefits of the proposed work. A numerical example is illustrated to highlight the procedure developed.


Author(s):  
Sha Fu ◽  
Xi-long Qu ◽  
Ye-zhi Xiao ◽  
Hang-jun Zhou ◽  
Yun Zhou

Background: Regarding the multi-attribute decision making where the decision information is the interval-valued intuitionistic fuzzy number and the attribute weight information is not completely determined. Method: Intuitionistic fuzzy set theory introduces non-membership function, as an extension of the fuzzy set theory, it has certain advantages in solving complex decision making problems. a projection model based interval-valued intuitionistic fuzzy multi-attribute decision making scheme was proposed in this study. The objective weight of the attribute was obtained using improved interval-valued intuitionistic fuzzy entropy, and thus the comprehensive weight of the attribute was obtained according to the preference information. Results: In the aspect of the decision-making matrix processing, the concept of interval-valued intuitionistic fuzzy ideal point and its related concepts were defined, the score vector of each scheme was calculated, the projection model was constructed to measure the similarity between each scheme and the interval-valued intuitionistic fuzzy ideal point, and the scheme was sorted according to the projection value. Conclusion: The efficiency and usability of the proposed approach are considered on the case study.


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