Multi-Criteria Decision-Making

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The Experts below are selected from a list of 546900 Experts worldwide ranked by ideXlab platform

Batiehafarhan - One of the best experts on this subject based on the ideXlab platform.

Guo-jun Wang - One of the best experts on this subject based on the ideXlab platform.

  • Multi-Criteria Decision-Making methods based on intuitionistic fuzzy sets
    European Journal of Operational Research, 2007
    Co-Authors: Hua-wen Liu, Guo-jun Wang
    Abstract:

    Abstract In this paper we present new methods for solving Multi-Criteria Decision-Making problem in an intuitionistic fuzzy environment. First, we define an evaluation function for the Decision-Making problem to measure the degrees to which alternatives satisfy and do not satisfy the decision-maker’s requirement. Then, we introduce and discuss the concept of intuitionistic fuzzy point operators. By using the intuitionistic fuzzy point operators, we can reduce the degree of uncertainty of the elements in a universe corresponding to an intuitionistic fuzzy set. Furthermore, a series of new score functions are defined for Multi-Criteria Decision-Making problem based on the intuitionistic fuzzy point operators and the evaluation function and their effectiveness and advantage are illustrated by examples.

Dalalahdoraid - One of the best experts on this subject based on the ideXlab platform.

Sajid Siraj - One of the best experts on this subject based on the ideXlab platform.

  • Are Multi-Criteria Decision-Making tools useful? An experimental comparative study of three methods
    European Journal of Operational Research, 2018
    Co-Authors: Alessio Ishizaka, Sajid Siraj
    Abstract:

    Many decision makers still question the usefulness of Multi-Criteria Decision-Making methods and prefer to rely on intuitive decisions. In this study we evaluated a number of Multi-Criteria Decision-Making tools for their usefulness using incentive-based experiments, which is a novel approach in operations research but common in psychology and experimental economics. In this experiment the participants were asked to compare five coffee shops to win a voucher for their best-rated shop. We found that, although the usefulness of different Multi-Criteria Decision-Making tools varied to some extent, all the tools were found to be useful in the sense that, when they decided to change their ranking, they followed the recommendation of the Multi-Criteria Decision-Making tool. Moreover, the level of inconsistency in the judgements provided had no significant effect on the usefulness of these tools.

Shouzhen Zeng - One of the best experts on this subject based on the ideXlab platform.

  • group multi criteria decision making based upon interval valued fuzzy numbers an extension of the multimoora method
    Expert Systems With Applications, 2013
    Co-Authors: Tomas Baleentis, Shouzhen Zeng
    Abstract:

    Multi criteria decision making (MCDM) often involves uncertainty which can be tackled by employing the fuzzy set theory. Type-2 fuzzy sets offer certain additional means for the latter purpose. This paper therefore extends the MULTIMOORA method with type-2 fuzzy sets viz. generalized interval-valued trapezoidal fuzzy numbers. The proposed method thus provides the means for Multi-Criteria decision making related to uncertain assessments. Utilization of aggregation operators also enables to facilitate group Multi-Criteria decision making. A numerical example of personnel selection demonstrates the possibilities of application of the proposed method in the field of human resource management and performance management in general.