scholarly journals Multi-Attribute Decision-Making Based on Preference Perspective with Interval Neutrosophic Sets in Venture Capital

Mathematics ◽  
2019 ◽  
Vol 7 (3) ◽  
pp. 257 ◽  
Author(s):  
Yanran Hong ◽  
Dongsheng Xu ◽  
Kaili Xiang ◽  
Han Qiao ◽  
Xiangxiang Cui ◽  
...  
Keyword(s):  
Decision Making ◽  
Venture Capital ◽  
Euclidean Distance ◽  
Distance Measure ◽  
Distance Measures ◽  
Neutrosophic Sets ◽  
Todim Method ◽  
Multi Attribute Decision Making ◽  
Parameter Interval ◽  
Interval Neutrosophic Sets

Fuzzy information in venture capital can be well expressed by neutrosophic numbers, and TODIM method is an effective tool for multi-attribute decision-making. The distance measure is an essential step in TODIM method. The keystone of this paper is to define several new distance measures, in particular the improved interval neutrosophic Euclidean distance, and these measures are applied in the TODIM method for multi-attribute decision-making. Firstly, the normalized generalized interval neutrosophic Hausdorff distance is defined and proved to be valid in this paper. Secondly, we define a weighted parameter interval neutrosophic distance and discuss whether different weight parameters affect the decision result based on TODIM method. Thirdly, considering the preference perspective of decision-makers in behavioral economics, we define the improved interval neutrosophic Euclidean distance with the known parameter of risk preference. Finally, an application example is given to compare the effects of different parameters on the result and discuss the feasibility of these two distance measures in TODIM method.

Multi-attribute grey target decision method with three-parameter interval grey number

2016 ◽  
Vol 6 (2) ◽  
pp. 270-280 ◽  
Author(s):  
Ye Li ◽  
Shanli Zhu ◽  
San-dang Guo
Keyword(s):  
Decision Making ◽  
Distance Measure ◽  
Ranking Method ◽  
Content Type ◽  
Uncertain Environment ◽  
Decision Method ◽  
Multi Attribute Decision Making ◽  
Parameter Interval ◽  
Grey Number ◽  
Bull's Eye

Purpose – The purpose of this paper is to propose the grey target decision method based on three-parameter interval grey number for dealing with multi-attribute decision-making problems under uncertain environment. Design/methodology/approach – First, the kernel and ranking method of three-parameter interval grey number are defined, which is the basis of determining the positive and negative bull’s-eye. Next, a new distance measure of three-parameter interval grey number is defined in view of the importance of the “center of gravity” point. Furthermore, a new comprehensive bull’s-eye distance is proposed based on the kernel which integrates the distance between different attributes to the positive and negative bull’s-eye. Then attribute weights are obtained by comprehensive bull’s-eye distance minimum and grey entropy maximization. Findings – The paper provides a grey target decision method based on three-parameter interval grey number and example analysis shows that the method proposed in this paper is more reasonable and effective. Research limitations/implications – If we have a better understanding of the distribution characteristics of three-parameter interval grey number, it is possible to have a more reasonable measure of the distance of three-parameter interval grey number. Practical implications – The paper provides a grey target decision method, which can help decision maker deal with multi-attribute decision-making problems under uncertain environment. Originality/value – This paper proposed the kernel and ranking method of three-parameter interval grey number, and defined a new distance measure of three-parameter interval grey number and proposed a new comprehensive bull’s-eye distance, Furthermore, this paper structured a grey target decision method based on three-parameter interval grey number.

scholarly journals Group Multi-Attribute Decision Making Based on Interval Neutrosophic Sets

2019 ◽  
Vol 28 (3) ◽  
pp. 309-316 ◽  
Author(s):  
Amir Hossein NAFEI ◽  
Wenjun YUAN ◽  
Hadi NASSERI
Keyword(s):  
Decision Making ◽  
Neutrosophic Sets ◽  
Multi Attribute Decision Making ◽  
Interval Neutrosophic Sets

scholarly journals Multi-Attribute Decision Making Based on Interval Neutrosophic Trapezoid Linguistic Aggregation Operators

2016 ◽  
pp. 344-365
Author(s):  
Broumi Said ◽  
Florentin Smarandache
Keyword(s):  
Decision Making ◽  
Aggregation Operators ◽  
Neutrosophic Sets ◽  
Numerical Example ◽  
Inconsistent Information ◽  
Weighted Arithmetic ◽  
Multi Attribute Decision Making ◽  
Interval Neutrosophic Sets

Multi-attribute decision making (MADM) play an important role in many applications, due to the efficiency to handle indeterminate and inconsistent information, interval neutrosophic sets is widely used to model indeterminate information. In this paper, a new MADM method based on interval neutrosophic trapezoid linguistic weighted arithmetic averaging aggregation (INTrLWAA) operator and interval neutrosophic trapezoid linguistic weighted geometric aggregation (INTrLWGA) operatoris presented. A numerical example is presented to demonstrate the application and efficiency of the proposed method.

scholarly journals A Chi-square Distance-based Similarity Measure of Single-valued Neutrosophic Set and Applications

2019 ◽  
Vol 14 (1) ◽  
pp. 78-89 ◽  
Author(s):  
Haiping Ren ◽  
Shixiao Xiao ◽  
Hui Zhou
Keyword(s):  
Decision Making ◽  
Similarity Measure ◽  
Medical Diagnosis ◽  
Distance Measure ◽  
Similarity Measures ◽  
Neutrosophic Set ◽  
Chi Square ◽  
Neutrosophic Sets ◽  
Numerical Examples ◽  
Multi Attribute Decision Making

The aim of this paper is to propose a new similarity measure of singlevalued neutrosophic sets (SVNSs). The idea of the construction of the new similarity measure comes from Chi-square distance measure, which is an important measure in the applications of image analysis and statistical inference. Numerical examples are provided to show the superiority of the proposed similarity measure comparing with the existing similarity measures of SVNSs. A weighted similarity is also put forward based on the proposed similarity. Some examples are given to show the effectiveness and practicality of the proposed similarity in pattern recognition, medical diagnosis and multi-attribute decision making problems under single-valued neutrosophic environment.

scholarly journals New Similarity and Entropy Measures of Interval Neutrosophic Sets with Applications in Multi-Attribute Decision-Making

Symmetry ◽  
2019 ◽  
Vol 11 (3) ◽  
pp. 370 ◽  
Author(s):  
Han Yang ◽  
Xiaoman Wang ◽  
Keyun Qin
Keyword(s):  
Decision Making ◽  
Hamming Distance ◽  
Similarity Measures ◽  
Neutrosophic Set ◽  
Inclusion Relation ◽  
Neutrosophic Sets ◽  
Information Measures ◽  
Interval Neutrosophic Set ◽  
Multi Attribute Decision Making ◽  
Interval Neutrosophic Sets

Information measures play an important role in the interval neutrosophic sets (INS) theory. The main purpose of this paper is to study the similarity and entropy of INS and its application in multi-attribute decision-making. We propose a new inclusion relation between interval neutrosophic sets where the importance of the three membership functions may be different. Then, we propose the axiomatic definitions of the similarity measure and entropy of the interval neutrosophic set (INS) based on the new inclusion relation. Based on the Hamming distance, cosine function and cotangent function, some new similarity measures and entropies of INS are constructed. Finally, based on the new similarity and entropy, we propose a multi-attribute decision-making method and illustrate that these new similarities and entropies are reasonable and effective.

Multi-attribute decision-making method based on a novel distance measure of linguistic intuitionistic fuzzy sets

2021 ◽  
Vol 40 (1) ◽  
pp. 1147-1160
Author(s):  
Yali Cheng ◽  
Yonghong Li ◽  
Jie Yang
Keyword(s):  
Decision Making ◽  
Fuzzy Sets ◽  
Distance Measure ◽  
Intuitionistic Fuzzy Sets ◽  
Distance Measures ◽  
Intuitionistic Fuzzy ◽  
Multi Attribute Decision Making ◽  
Linguistic Intuitionistic Fuzzy Sets ◽  
Linguistic Scale Function ◽  
Different Response

Linguistic intuitionistic fuzzy sets can qualitatively rather than quantitatively express data in the form of membership degree. But quantitative tools are required to handle qualitative information. Therefore, an improved linguistic scale function, which can more accurately manifest the subjective feelings of decision-makers, is employed to deal with linguistic intuitionistic information. Subsequently, due to some commonly used distance measures do not comprehensively evaluate the information of linguistic intuitionistic fuzzy sets, an improved distance measure of linguistic intuitionistic fuzzy sets is designed. It considers the cross-evaluation information to get more realistic reasoning results. In addition, a new similarity measure defined by nonlinear Gaussian diffusion model is proposed, which can provide different response scales for different information between various schemes. The properties of these measures are also studied in detail. On this basis, a method in linguistic intuitionistic fuzzy environment is developed to handle multi-attribute decision-making problems. Finally, an illustrative example is given to demonstrate the effectiveness of the proposed method and the influence of the parameters is analyzed.

Several Generalized Interval-Valued 2-Tuple Linguistic Interval Distance Measures and Their Application

2017 ◽  
Vol 25 (05) ◽  
pp. 759-786 ◽  
Author(s):  
Fanyong Meng ◽  
Yige Yuan ◽  
Xiaohong Chen
Keyword(s):  
Decision Making ◽  
Distance Measure ◽  
Decision Makers ◽  
Distance Measures ◽  
Linguistic Variables ◽  
Weighting Vector ◽  
Interval Distance ◽  
Multi Attribute Decision Making ◽  
Optimal Weighting ◽  
Interval Valued

Interval-valued linguistic variables are efficient tools to express the decision makers’ uncertain qualitative judgments. Considering the application of interval-valued linguistic variables, this paper proposes an interval distance measure, which is then used to define interval-valued linguistic interval distance measures by combining the 2-tuple linguistic representation model. To reflect the interactions between elements in a set, three correlative interval distance measures on intervalvalued linguistic variables are proposed. Meanwhile, several models designed to obtain the optimal weighting vector are constructed. After that, an approach to pattern recognition and to multi-attribute decision making with interval-valued linguistic information is developed. Meanwhile, associated examples are offered to demonstrate the concrete application of the proposed procedure.

scholarly journals A New Method Based on PROMETHEE and TODIM for Multi-Attribute Decision-Making with Single-Valued Neutrosophic Sets

Mathematics ◽  
2020 ◽  
Vol 8 (10) ◽  
pp. 1816
Author(s):  
Dongsheng Xu ◽  
Xiaolan Wei ◽  
Hui Ding ◽  
Hongqiong Bin
Keyword(s):  
Decision Making ◽  
Main Idea ◽  
New Method ◽  
Calculation Formula ◽  
Neutrosophic Sets ◽  
Promethee Method ◽  
Todim Method ◽  
Multi Attribute Decision Making ◽  
Ranking Of Alternatives ◽  
The Difference

Single-valued neutrosophic sets (SVNSs) can effectively describe the multi-attribute decision-making (MADM) problems which are characterized by incompleteness and uncertainty. Aiming at the MADM problem of SVNSs, a series of methods are proposed to solve the problem, such as the TODIM and PROMETHEE methods. The main idea of the TODIM method is to establish a relative superiority function of scheme relative to other schemes based on the value function of prospect theory, and the ranking of alternatives is determined according to the obtained superiority. In the PROMETHEE method, the decision maker selects the preference function for each attribute according to their preference, and then calculates the priority index, inflow, outflow and net flow according to the difference of the attribute values of scheme, so as to determine the ranking of alternatives. In this paper, a new method based on PROMETHEE and TODIM is proposed to solve the MADM problem under the single-valued neutrosophic environment. Based on the calculation formula of inflow and outflow in PROMETHEE method, and the calculation formula of overall dominance in the TODIM method, a new integrated formula is obtained.

scholarly journals An innovative picture fuzzy distance measure and novel multi-attribute decision-making method

2021 ◽  
Author(s):  
Abdul Haseeb Ganie ◽  
Surender Singh
Keyword(s):  
Decision Making ◽  
Fuzzy Sets ◽  
Distance Measure ◽  
Real Data ◽  
Distance Measures ◽  
Classification Problems ◽  
Data Set ◽  
The Real ◽  
Picture Fuzzy Set ◽  
Multi Attribute Decision Making

AbstractPicture fuzzy set (PFS) is a direct generalization of the fuzzy sets (FSs) and intuitionistic fuzzy sets (IFSs). The concept of PFS is suitable to model the situations that involve more answers of the type yes, no, abstain, and refuse. In this study, we introduce a novel picture fuzzy (PF) distance measure on the basis of direct operation on the functions of membership, non-membership, neutrality, refusal, and the upper bound of the function of membership of two PFSs. We contrast the proposed PF distance measure with the existing PF distance measures and discuss the advantages in the pattern classification problems. The application of fuzzy and non-standard fuzzy models in the real data is very challenging as real data is always found in crisp form. Here, we also derive some conversion formulae to apply proposed method in the real data set. Moreover, we introduce a new multi-attribute decision-making (MADM) method using the proposed PF distance measure. In addition, we justify necessity of the newly proposed MADM method using appropriate counterintuitive examples. Finally, we contrast the performance of the proposed MADM method with the classical MADM methods in the PF environment.

scholarly journals Neutrosophic Cubic Power Muirhead Mean Operators with Uncertain Data for Multi-Attribute Decision-Making

Symmetry ◽  
2018 ◽  
Vol 10 (10) ◽  
pp. 444 ◽  
Author(s):  
Qaisar Khan ◽  
Nasruddin Hassan ◽  
Tahir Mahmood
Keyword(s):  
Decision Making ◽  
Uncertain Data ◽  
Hybrid Structure ◽  
Aggregation Operators ◽  
Neutrosophic Set ◽  
Neutrosophic Sets ◽  
Complex Decision Making ◽  
Multi Attribute Decision Making ◽  
Complex Decision ◽  
Interval Neutrosophic Sets

The neutrosophic cubic set (NCS) is a hybrid structure, which consists of interval neutrosophic sets (INS) (associated with the undetermined part of information associated with entropy) and single-valued neutrosophic set (SVNS) (associated with the determined part of information). NCS is a better tool to handle complex decision-making (DM) problems with INS and SVNS. The main purpose of this article is to develop some new aggregation operators for cubic neutrosophic numbers (NCNs), which is a basic member of NCS. Taking the advantages of Muirhead mean (MM) operator and power average (PA) operator, the power Muirhead mean (PMM) operator is developed and is scrutinized under NC information. To manage the problems upstretched, some new NC aggregation operators, such as the NC power Muirhead mean (NCPMM) operator, weighted NC power Muirhead mean (WNCPMM) operator, NC power dual Muirhead mean (NCPMM) operator and weighted NC power dual Muirhead mean (WNCPDMM) operator are proposed and related properties of these proposed aggregation operators are conferred. The important advantage of the developed aggregation operator is that it can remove the effect of awkward data and it considers the interrelationship among aggregated values at the same time. Furthermore, a novel multi-attribute decision-making (MADM) method is established over the proposed new aggregation operators to confer the usefulness of these operators. Finally, a numerical example is given to show the effectiveness of the developed approach.

Sign in / Sign up

Export Citation Format

Share Document