Fuzzy Assessment Mechanisms under Multi-Objective Considerations

Yu-Hsien Liao ()
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Yu-Hsien Liao: Department of Applied Mathematics, National Pingtung University, Pingtung 900391, Taiwan

Mathematics, 2024, vol. 12, issue 19, 1-15

Abstract: In many operational environments, it is essential to conduct comprehensive minimal assessments of the effects arising from various operational causes, with the goal of achieving effective outcomes. For instance, the aim might be to meet basic production targets in the shortest time possible, using the least cost and minimal labor. Given that actual operational behaviors are often vague and unpredictable, this study proposes a mechanism to assess the minimal effects generated by various operational causes under multi-objective and fuzzy behavior considerations. By considering the relative significance of operational causes or its behaviors under different environments, several weighted extensions are further developed. The mathematical correctness and practical applicability of these assessment mechanisms are analyzed by using an axiomatic characterization.

Keywords: multi-objective; fuzzy behavior; assessment mechanism; weighted extension; axiomatic characterization (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2024
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