An approach to Atanassov's interval-valued intuitionistic fuzzy multi-attribute decision making based on prospect theory [PDF]
Prospect theory is a very effective method to express behavioral decision making under uncertainty. This paper attempts to develop a method to multi-attribute decision making with Atanassov's interval-valued intuitionistic fuzzy information using prospect theory.
Fanyong Meng +2 more
openaire +3 more sources
Contribution of the Multi Attribute Value Theory to conflict resolution in groundwater management. Application to the Mancha Oriental groundwater system, Spain [PDF]
Abstract. The implementation of the EU Water Framework Directive demands participatory water resource management approaches. Decision making in groundwater quantity and quality management is complex because of the existence of many independent actors, heterogeneous stakeholder interests, multiple objectives, different potential policies, and uncertain ...
B. Apperl +3 more
openaire +5 more sources
Abstract Decisions related to integrated cultural and natural heritage are increasingly complex due to the multiple-use nature of goods and services provided by the environment, the difficulty in monetary evaluation of intangible heritage and the involvement of a large number of stakeholders.
FERRETTI, VALENTINA, Comino, Elena
openaire +4 more sources
Developing Prospect Theory with Multiple Reference Points in Decision Making [PDF]
Objective: Multi-attribute utility theory is one of the approaches in multi-attribute decision-making. It is developed based on the logic of the expected utility theory. The main difference between the methods derived from the expected utility theory and
Zahra Nemati +2 more
doaj +1 more source
Fundamentals of Picture Fuzzy Hypersoft Set with Application [PDF]
Theory of picture fuzzy soft set and generalized picture fuzzy soft sets(GPFSS) extended to picture fuzzy hypersoft sets (PFHSS) and generalized picture fuzzy hypersoft set (GPFHSS) respectively handle the uncertainties and multi-attribute values in the ...
Muhammad Saeed, Muhammad Imran Harl
doaj +1 more source
Addressing the complex issue of multi-attribute decision-making within a probabilistic dual hesitant fuzzy context, where attribute weights are unknown, a novel decision-making method based on cumulative prospect theory is proposed, named the ...
Wenyu Zhang, Yuting Zhu
doaj +1 more source
A multi-attribute value theory to assess the benefits of vendor managed inventory
This paper aims to show the effect of the qualitative decision factors on the implementation of VMI solution in the grocery industry. The methodology used in the study is a combination of an analytical approach and empirical analysis. A multi-attribute value theory called simple multi-attribute rating theory was selected as a tool of analysis.
C. Loro, R. Mangiaracina
openaire +2 more sources
Intuitionistic Fuzzy TOPSIS Method Based on Improved Score Function and Cumulative Prospect Theory
Aiming at the multi-attribute decision-making problem where the attribute value is represented by the intuitionistic fuzzy number and the attribute weight is unknown.Firstly, an improved score function is proposed, its correctness and superiority are ...
LIU Huan, LI Hao
doaj +1 more source
A Method for Multi-attribute Decision Making Under Uncertainty Using Evidential Reasoning and Prospect Theory [PDF]
In this paper, a method for multi-attribute decision making under uncertainty is proposed, the uncertainty is represented by certitude structure. In fact, there are both quantitative and qualitative attributes with different representation in multi ...
Liuqian Jin, Xin Fang, Yang Xu
doaj +1 more source
From Indicators to Composite Indexes: An Application of the Multi-Attribute Value Theory for Assessing Sustainability [PDF]
The paper investigates the use of indicators in sustainability assessment of projects, plans and programmes and proposes an application of the Multi Attribute Value Theory (MAVT) for the definition of synthetic indexes of evaluation. With the aim of highlighting potentialities and limits of the proposed approach, the methodology is applied to a real ...
FERRETTI, VALENTINA +2 more
openaire +3 more sources

