Paper Info
Title
TODIM Method Based on Cumulative Prospect Theory for Multiple Attributes Group Decision Making Under Probabilistic Hesitant Fuzzy Setting
Abstract
In the era of uncertain information everywhere, the Probabilistic Hesitant Fuzzy sets (PHFs), utilizing the possible numbers and its possible membership degrees to descript decision-makers' behavior, has been brought about widespread attention. Scholars from all over the world applied numerous approaches in this environment since Probabilistic Hesitant Fuzzy sets (PHFs) has been come up with, and there are still untapped territories. The TODIM (TOmada deDecisao Iterativa Multicrite ' rio) method is a common decision-making method which is based on the prospect theory (PT). Unlike the other multiple criteria decision making (MCDM) methods, the TODIM method think over the bounded rationality of decision makers to choose the optimal alternative according to the decision maker's psychological reality. In this essay, we introduce the Extended TODIM Based on Cumulative Prospect Theory (CPT) for probabilistic hesitant fuzzy multiple attributes group decision-making (MAGDM). In addition, the entropy is applied to calculate the weights between attributes. Finally, the developed method is used to solve the decision-making case study. To test the reasonability of this new method, we utilize a numerical case to compare the extended TODIM method with other methods.
Year
DOI
Venue
2022
10.1007/s40815-021-01138-2
INTERNATIONAL JOURNAL OF FUZZY SYSTEMS
Keywords
DocType
Volume
Multiple attribute group decision-making (MAGDM), Probability hesitant fuzzy sets, Cumulative prospect theory, TODIM method
Journal
24
Issue
ISSN
Citations 
1
1562-2479
1
PageRank 
References 
Authors
0.35
0
3
Name
Order
Citations
PageRank
Ningna Liao110.35
Gui-Wu Wei216319.00
Xudong Chen310.35