An approach to decision-making with triangular fuzzy reciprocal preference relations and its application
Fanyong Meng
International Journal of Systems Science, 2018, vol. 49, issue 3, 567-581
Abstract:
Triangular fuzzy reciprocal preference relations (TFRPRs) are powerful tools to denoting decision-makers’ fuzzy judgments, which permit the decision-makers to apply triangular fuzzy ratio rather than real numbers to express their judgements. Consistency analysis is one of the most crucial issues in preference relations that can guarantee the reasonable ranking order. However, all previous consistency concepts cannot well address this type of preference relations. Based on the operational laws on triangular fuzzy numbers, this paper introduces an additive consistency concept for TFRPRs by using quasi TFRPRs, which can be seen as a natural extension of the crisp case. Using this consistency concept, models to judging the additive consistency of TFRPRs and to estimating missing values in complete TFRPRs are constructed. Then, an algorithm to decision-making with TFRPRs is developed. Finally, two numerical examples are offered to illustrate the application of the proposed procedure, and comparison analysis is performed.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:tsysxx:v:49:y:2018:i:3:p:567-581
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DOI: 10.1080/00207721.2017.1411988
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