Information | |
A New Prospect Projection Multi-Criteria Decision-Making Method for Interval-Valued Intuitionistic Fuzzy Numbers | |
Jianwei Gao1  Huihui Liu1  | |
[1] School of Economics and Management, North China Electric Power University, Beijing 102206, China; | |
关键词: multi-criteria decision-making; prospect theory; interval-valued intuitionistic fuzzy set; risk attitude; | |
DOI : 10.3390/info7040064 | |
来源: DOAJ |
【 摘 要 】
To depict the influence of decision makers’ risk psychology on the interval-valued intuitionistic fuzzy multi-criteria decision-making process, this paper proposes a new method based on prospect theory. Considering the risk attitude of the decision maker, we transform interval-valued intuitionistic fuzzy numbers into real numbers via a prospect value function and consequently derive the prospect decision matrices. Regarding the criteria weights that are incompletely known or completely unknown, a new nonlinear optimization model is developed to determine the criteria weights by considering the subjective and objective factors. Furthermore, we calculate the prospect projection of each alternative for the ideal solution and rank all the alternatives according to the prospect projection values. Finally, an example is provided to illustrate the application of the developed approach.
【 授权许可】
Unknown