Technological and Economic Development of Economy · 2020 · 40 citations · 29 references
BusinessDecision SciencesFinancial ManagementDecision AnalysisInvestment ManagementMulti-criteria Decision MakingCriteria WeightingFuzzy LogicFuzzy Multi-criteria Decision MakingInvestment AppraisalMulti-criteria Decision AnalysisRanking ProblemsDominance ScoreFuzzy Dominance RelationsFuzzy Multi-criteria Decision AnalysisFuzzy NumbersFuzzy SetsIntuitionistic Fuzzy SetsInvestment Performance Evaluation
As a generalized form of both intuitionistic fuzzy set and Pythagorean fuzzy sets, the q-rung orthopair fuzzy set (q-ROFS) has strong ability to handle uncertain or imprecision decisionmaking problems. This paper aims to introduce a new multiple criteria decision making method based on the original gain and lost dominance score (GLDS) method for investment evaluation. To do so, we first propose a new distance measure of q-rung orthopair fuzzy numbers (q-ROFNs), which takes into account the hesitancy degree of q-ROFNs. Subsequently, two methods are developed to determine the weights of DMs and criteria, respectively. Next, the original GLDS method is improved from the aspects of dominance flows and order scores of alternatives to address the multiple criteria decision making problems with q-ROFS information. Finally, a case study concerning the investment evaluation of the BE angle capital is given to illustrate the applicability and superiority of the proposed method.
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L. A. Zadeh · Information and Control · 1965 · 66.1K citations
Generalized Orthopair Fuzzy Sets
Ronald R. Yager · IEEE Transactions on Fuzzy Systems · 2016 · 2.2K citations
Distances between intuitionistic fuzzy sets
Eulalia Szmidt, Janusz Kacprzyk · Fuzzy Sets and Systems · 2000 · 1.6K citations
Humanities, Mathematics, Logic +6