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12-01-2018 | Methodologies and Application | Issue 13/2020

Multi-stage multi-attribute decision-making method based on the prospect theory and triangular fuzzy MULTIMOORA

Journal:: Soft Computing > Issue 13/2020

Authors:: Wen-feng Dai, Qiu-yan Zhong, Chun-ze Qi

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Important notes

Communicated by V. Loia.

Abstract

This paper proposed a novel multi-stage multi-attribute decision-making method, in which the period weights and attribute weights are completely unknown, and attribute values are triangular fuzzy numbers. At first, the triangular fuzzy prospect decision matrices of different periods are constructed and the period weights optimization model is built according to the time degree and the prospect value deviation of alternatives in different periods. The attribute weights are obtained by the maximum deviation method. Then, MULTIMOORA is extended into the triangular fuzzy environment. Based on the new form of MULTIMOORA and dominance theory, the final ranking of alternatives can be got. Finally, a numerical example is presented to illustrate the feasibility and effectiveness of the proposed method.

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Title: Multi-stage multi-attribute decision-making method based on the prospect theory and triangular fuzzy MULTIMOORA
Authors:: Wen-feng Dai
Qiu-yan Zhong
Chun-ze Qi
Publication date: 12-01-2018
DOI: https://doi.org/10.1007/s00500-018-3017-0
Publisher: Springer Berlin Heidelberg
Journal: Soft Computing A Fusion of Foundations, Methodologies and Applications
Issue 13/2020
Print ISSN: 1432-7643
Electronic ISSN: 1433-7479

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