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

Author

Listed:
  • Xihua Li
  • Fuqiang Wang
  • Xiaohong Chen

Abstract

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.

Suggested Citation

  • Xihua Li & Fuqiang Wang & Xiaohong Chen, 2014. "Trapezoidal Intuitionistic Fuzzy Multiattribute Decision Making Method Based on Cumulative Prospect Theory and Dempster‐Shafer Theory," Journal of Applied Mathematics, John Wiley & Sons, vol. 2014(1).
    • Handle: RePEc:wly:jnljam:v:2014:y:2014:i:1:n:279138
    DOI: 10.1155/2014/279138
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    References listed on IDEAS

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