EconPapers    
Economics at your fingertips  
 

Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster‐Shafer Theory

Xihua Li, Fuqiang Wang and Xiaohong Chen

Journal of Applied Mathematics, 2014, vol. 2014, issue 1

Abstract: With respect to decision making problems under uncertainty, a trapezoidal intuitionistic fuzzy multiattribute decision making method based on cumulative prospect theory and Dempster‐Shafer theory is developed. The proposed method reflects behavioral characteristics of decision makers, information fuzziness under uncertainty, and uncertain attribute weight information. Firstly, distance measurement and comparison rule of trapezoidal intuitionistic fuzzy numbers are used to derive value function under trapezoidal intuitionistic fuzzy environment. Secondly, the value function and decision weight function are used to calculate prospect values of attributes for each alternative. Then considering uncertain attribute weight information, Dempster‐Shafer theory is used to aggregate prospect values for each alternative, and overall prospect values are obtained and thus the alternatives are sorted consequently. Finally, an illustrative example shows the feasibility of the proposed method.

Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1155/2014/279138

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:jnljam:v:2014:y:2014:i:1:n:279138

Access Statistics for this article

More articles in Journal of Applied Mathematics from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-22
Handle: RePEc:wly:jnljam:v:2014:y:2014:i:1:n:279138