IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/5649525.html
   My bibliography  Save this article

A Novel IVPLTS Decision Method Based on Regret Theory and Cobweb Area Model

Author

Listed:
  • Peng Li
  • Huanhuan Peng

Abstract

For the multiple criteria decision-making (MCDM) problem with interval-valued probabilistic linguistic information, we propose a novel method considering the regret theory and cobweb area model. We first propose a new score function, which can be used to compare different interval-valued probabilistic linguistic term sets (IVPLTSs) and transform the IVPLTSs into crisp numbers. Some properties of the score function are verified. Then, we utilize the regret theory to obtain the perceived utilities of decision makers (DMs), which can reflect the DMs’ bounded rationality. Furthermore, we use the cobweb area model to aggregate decision information. Finally, a real case of evaluating nursing homes is used to illustrate the effectiveness and features of our method.

Suggested Citation

  • Peng Li & Huanhuan Peng, 2020. "A Novel IVPLTS Decision Method Based on Regret Theory and Cobweb Area Model," Mathematical Problems in Engineering, Hindawi, vol. 2020, pages 1-10, December.
    • Handle: RePEc:hin:jnlmpe:5649525
    DOI: 10.1155/2020/5649525
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/MPE/2020/5649525.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/MPE/2020/5649525.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2020/5649525?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jinyi Hu, 2023. "Linguistic Multiple-Attribute Decision Making Based on Regret Theory and Minimax-DEA," Mathematics, MDPI, vol. 11(20), pages 1-14, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnlmpe:5649525. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.