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

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 fu...

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Main Authors: Xihua Li, Fuqiang Wang, Xiaohong Chen
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2014/279138
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author Xihua Li
Fuqiang Wang
Xiaohong Chen
author_facet Xihua Li
Fuqiang Wang
Xiaohong Chen
author_sort Xihua Li
collection DOAJ
description 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.
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spelling doaj-art-9acceeef5c164f608cd2852852f69b3c2025-08-20T02:20:25ZengWileyJournal of Applied Mathematics1110-757X1687-00422014-01-01201410.1155/2014/279138279138Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster-Shafer TheoryXihua Li0Fuqiang Wang1Xiaohong Chen2School of Business, Central South University, Changsha 410083, ChinaSchool of Business, Central South University, Changsha 410083, ChinaSchool of Business, Central South University, Changsha 410083, ChinaWith 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.http://dx.doi.org/10.1155/2014/279138
spellingShingle Xihua Li
Fuqiang Wang
Xiaohong Chen
Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster-Shafer Theory
Journal of Applied Mathematics
title Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster-Shafer Theory
title_full Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster-Shafer Theory
title_fullStr Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster-Shafer Theory
title_full_unstemmed Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster-Shafer Theory
title_short Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster-Shafer Theory
title_sort trapezoidal intuitionistic fuzzy multiattribute decision making method based on cumulative prospect theory and dempster shafer theory
url http://dx.doi.org/10.1155/2014/279138
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AT fuqiangwang trapezoidalintuitionisticfuzzymultiattributedecisionmakingmethodbasedoncumulativeprospecttheoryanddempstershafertheory
AT xiaohongchen trapezoidalintuitionisticfuzzymultiattributedecisionmakingmethodbasedoncumulativeprospecttheoryanddempstershafertheory