A double interaction-based financing group decision-making framework considering uncertain information and inconsistent assessment
Xuecheng Fan,
Zeshui Xu and
Xiang Cheng
Economic Research-Ekonomska Istraživanja, 2022, vol. 35, issue 1, 6319-6344
Abstract:
Financing group decision-making (FGDM), which is an important stage of project financing, has unique characteristics: large investments and long payback horizons. Its evaluation results are likely to be distorted if we ignore the uncertain information and inconsistent assessment during the decision-making process. In this study, we propose a double interaction-based FGDM framework under uncertain information and inconsistent assessment. We modify the weight setting of evidence reasoning and aggregation method of probabilistic linguistic term sets to process the above two issues. The proposed framework is applied in a detailed case study analysis to display its effectiveness and stability. We expect the double interaction-based group decision-making framework under uncertain information and inconsistent assessment to be a useful tool to understand FGDM processes.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:reroxx:v:35:y:2022:i:1:p:6319-6344
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DOI: 10.1080/1331677X.2022.2048196
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