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The Likelihood Ranking Methods for Interval Type-2 Fuzzy Sets Considering Risk Preferences
Joint Authors
Zhao, Meng
Qin, Song-song
Li, Qi-wang
Lu, Fu-qiang
Shen, Zhe
Source
Mathematical Problems in Engineering
Issue
Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-12, 12 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2015-09-14
Country of Publication
Egypt
No. of Pages
12
Main Subjects
Abstract EN
This paper proposes a ranking method that considers the risk preferences of decision makers for multiple-attribute decision-making problems in a multiple-interval type-2 trapezoidal fuzzy set environment.
First, decision makers are classified according to the risk preferences and a measurement method of risk preferences is proposed.
Second, a risk preference decision matrix is obtained and a new calculation formula of likelihood is defined.
Finally, we obtain the ranking results of alternatives by calculating the signed distance.
Our example analysis shows that the proposed method is scientific and reasonable, and different risk preferences influence the results of decision making.
Comparison with previous methods shows that the proposed algorithm is more feasible; it is applicable for decision making on both risk preferences and risk conservation.
American Psychological Association (APA)
Zhao, Meng& Qin, Song-song& Li, Qi-wang& Lu, Fu-qiang& Shen, Zhe. 2015. The Likelihood Ranking Methods for Interval Type-2 Fuzzy Sets Considering Risk Preferences. Mathematical Problems in Engineering،Vol. 2015, no. 2015, pp.1-12.
https://search.emarefa.net/detail/BIM-1074448
Modern Language Association (MLA)
Zhao, Meng…[et al.]. The Likelihood Ranking Methods for Interval Type-2 Fuzzy Sets Considering Risk Preferences. Mathematical Problems in Engineering No. 2015 (2015), pp.1-12.
https://search.emarefa.net/detail/BIM-1074448
American Medical Association (AMA)
Zhao, Meng& Qin, Song-song& Li, Qi-wang& Lu, Fu-qiang& Shen, Zhe. The Likelihood Ranking Methods for Interval Type-2 Fuzzy Sets Considering Risk Preferences. Mathematical Problems in Engineering. 2015. Vol. 2015, no. 2015, pp.1-12.
https://search.emarefa.net/detail/BIM-1074448
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1074448