Paper Info
Title
Analytic Hierarchy Process for Hesitant Probabilistic Fuzzy Linguistic Set with Applications to Multi-criteria Group Decision-Making Method.
Abstract
The aim of this study is to propose a novel multi-criteria group decision-making method using analytic hierarchy process and hesitant probabilistic fuzzy linguistic set to model uncertainties due to both fuzziness and randomness. The proposed multi-criteria group decision-making method first uses analytic hierarchy process to construct decision preference matrix. Then, it uses hesitant probabilistic fuzzy linguistic set to model both types of uncertainties with hesitancy using both qualitative and quantitative terms. The proposed decision-making method is applied to determine the ranking of three Indian states for business climate and potential using real criteria information from State’s investment potential index. Since success or failure of real estate investment decisions depends on the assessment and management of the inherent risk and uncertainty, the proposed method is applied on a real estate investment problem and results are compared with a group consensus model for evaluating real estate investment alternatives.
Year
DOI
Venue
2020
10.1007/s40815-020-00874-1
International Journal of Fuzzy Systems
Keywords
DocType
Volume
Group decision making, Analytic hierarchy process, Hesitant probabilistic fuzzy linguistic, Business climate potential, Real investment problem
Journal
22
Issue
ISSN
Citations 
5
1562-2479
0
PageRank 
References 
Authors
0.34
0
3
Name
Order
Citations
PageRank
Alok Singh120117.15
Ismat Beg220915.71
Sanjay Kumar31034.18