Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making

Group decision-making is a common activity in organizational management and economic conditions. In practice, the opinions of experts may be fuzzy. This paper proposes integrating an extended outranking-TOPSIS method with probabilistic linguistic term sets for multiattribute group decision-making, w...

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Main Authors: Feng Shen, Zhiyuan Yang, Dongliang Cai
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/5510627
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author Feng Shen
Zhiyuan Yang
Dongliang Cai
author_facet Feng Shen
Zhiyuan Yang
Dongliang Cai
author_sort Feng Shen
collection DOAJ
description Group decision-making is a common activity in organizational management and economic conditions. In practice, the opinions of experts may be fuzzy. This paper proposes integrating an extended outranking-TOPSIS method with probabilistic linguistic term sets for multiattribute group decision-making, which is used to solve the real-world public-private partnership (PPP) project selection problem. First, an extended outranking method based on probabilistic linguistic term sets is proposed, and each expert’s ranking of alternatives is obtained according to this method. After the individual ranking is completed, the large-scale expert group is clustered by the K-means clustering method, and then the improved consensus mechanism is used to study the degree of consensus of the expert group. If the consensus of the group is not up to the standard, then, for clusters with a lower degree of consensus with the group, the feedback mechanism is used to adjust the weight between different clusters so that the group consensus can be improved. After achieving the target group consensus, an improved technique for order preference by similarity to an ideal solution (TOPSIS) method is used to synthesize expert opinions, and the ranking results are obtained. Finally, there are cases used to demonstrate the feasibility and rationality of the method.
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spelling doaj-art-30ff6e7d2b914d59817a1ee841a737392025-08-20T02:38:54ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/55106275510627Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-MakingFeng Shen0Zhiyuan Yang1Dongliang Cai2School of Finance, Southwestern University of Finance and Economics, Chengdu 611130, ChinaSchool of Finance, Southwestern University of Finance and Economics, Chengdu 611130, ChinaSchool of Finance, Southwestern University of Finance and Economics, Chengdu 611130, ChinaGroup decision-making is a common activity in organizational management and economic conditions. In practice, the opinions of experts may be fuzzy. This paper proposes integrating an extended outranking-TOPSIS method with probabilistic linguistic term sets for multiattribute group decision-making, which is used to solve the real-world public-private partnership (PPP) project selection problem. First, an extended outranking method based on probabilistic linguistic term sets is proposed, and each expert’s ranking of alternatives is obtained according to this method. After the individual ranking is completed, the large-scale expert group is clustered by the K-means clustering method, and then the improved consensus mechanism is used to study the degree of consensus of the expert group. If the consensus of the group is not up to the standard, then, for clusters with a lower degree of consensus with the group, the feedback mechanism is used to adjust the weight between different clusters so that the group consensus can be improved. After achieving the target group consensus, an improved technique for order preference by similarity to an ideal solution (TOPSIS) method is used to synthesize expert opinions, and the ranking results are obtained. Finally, there are cases used to demonstrate the feasibility and rationality of the method.http://dx.doi.org/10.1155/2021/5510627
spellingShingle Feng Shen
Zhiyuan Yang
Dongliang Cai
Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
Complexity
title Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_full Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_fullStr Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_full_unstemmed Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_short Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_sort integrating an extended outranking topsis method with probabilistic linguistic term sets for multiattribute group decision making
url http://dx.doi.org/10.1155/2021/5510627
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AT dongliangcai integratinganextendedoutrankingtopsismethodwithprobabilisticlinguistictermsetsformultiattributegroupdecisionmaking