An Intuitionistic Fuzzy Stochastic Decision-Making Method Based on Case-Based Reasoning and Prospect Theory
Joint Authors
Wei, Cuiping
Yang, Yingjie
Li, Peng
Source
Mathematical Problems in Engineering
Issue
Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2017-04-24
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
According to the case-based reasoning method and prospect theory, this paper mainly focuses on finding a way to obtain decision-makers’ preferences and the criterion weights for stochastic multicriteria decision-making problems and classify alternatives.
Firstly, we construct a new score function for an intuitionistic fuzzy number (IFN) considering the decision-making environment.
Then, we aggregate the decision-making information in different natural states according to the prospect theory and test decision-making matrices.
A mathematical programming model based on a case-based reasoning method is presented to obtain the criterion weights.
Moreover, in the original decision-making problem, we integrate all the intuitionistic fuzzy decision-making matrices into an expectation matrix using the expected utility theory and classify or rank the alternatives by the case-based reasoning method.
Finally, two illustrative examples are provided to illustrate the implementation process and applicability of the developed method.
American Psychological Association (APA)
Li, Peng& Yang, Yingjie& Wei, Cuiping. 2017. An Intuitionistic Fuzzy Stochastic Decision-Making Method Based on Case-Based Reasoning and Prospect Theory. Mathematical Problems in Engineering،Vol. 2017, no. 2017, pp.1-13.
https://search.emarefa.net/detail/BIM-1189970
Modern Language Association (MLA)
Li, Peng…[et al.]. An Intuitionistic Fuzzy Stochastic Decision-Making Method Based on Case-Based Reasoning and Prospect Theory. Mathematical Problems in Engineering No. 2017 (2017), pp.1-13.
https://search.emarefa.net/detail/BIM-1189970
American Medical Association (AMA)
Li, Peng& Yang, Yingjie& Wei, Cuiping. An Intuitionistic Fuzzy Stochastic Decision-Making Method Based on Case-Based Reasoning and Prospect Theory. Mathematical Problems in Engineering. 2017. Vol. 2017, no. 2017, pp.1-13.
https://search.emarefa.net/detail/BIM-1189970
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1189970