Author: Xiaoli Tian
Publisher: Springer Nature
ISBN: 9811602433
Category : Business & Economics
Languages : en
Pages : 161
Book Description
This book gives a thorough and systematic introduction to the latest research results about fuzzy decision-making method based on prospect theory. It includes eight chapters: Introduction, Intuitionistic fuzzy MADM based on prospect theory, QUALIFLEX based on prospect theory with probabilistic linguistic information, Group PROMETHEE based on prospect theory with hesitant fuzzy linguistic information, Prospect consensus with probabilistic hesitant fuzzy preference information, Improved TODIM based on prospect theory and the improved TODIM with probabilistic hesitant fuzzy information, etc. This book is suitable for the researchers in the fields of fuzzy mathematics, operations research, behavioral science, management science and engineering, etc. It is also useful as a textbook for postgraduate and senior-year undergraduate students of the relevant professional institutions of higher learning.
Fuzzy Decision-Making Methods Based on Prospect Theory and Its Application in Venture Capital
Author: Xiaoli Tian
Publisher: Springer Nature
ISBN: 9811602433
Category : Business & Economics
Languages : en
Pages : 161
Book Description
This book gives a thorough and systematic introduction to the latest research results about fuzzy decision-making method based on prospect theory. It includes eight chapters: Introduction, Intuitionistic fuzzy MADM based on prospect theory, QUALIFLEX based on prospect theory with probabilistic linguistic information, Group PROMETHEE based on prospect theory with hesitant fuzzy linguistic information, Prospect consensus with probabilistic hesitant fuzzy preference information, Improved TODIM based on prospect theory and the improved TODIM with probabilistic hesitant fuzzy information, etc. This book is suitable for the researchers in the fields of fuzzy mathematics, operations research, behavioral science, management science and engineering, etc. It is also useful as a textbook for postgraduate and senior-year undergraduate students of the relevant professional institutions of higher learning.
Publisher: Springer Nature
ISBN: 9811602433
Category : Business & Economics
Languages : en
Pages : 161
Book Description
This book gives a thorough and systematic introduction to the latest research results about fuzzy decision-making method based on prospect theory. It includes eight chapters: Introduction, Intuitionistic fuzzy MADM based on prospect theory, QUALIFLEX based on prospect theory with probabilistic linguistic information, Group PROMETHEE based on prospect theory with hesitant fuzzy linguistic information, Prospect consensus with probabilistic hesitant fuzzy preference information, Improved TODIM based on prospect theory and the improved TODIM with probabilistic hesitant fuzzy information, etc. This book is suitable for the researchers in the fields of fuzzy mathematics, operations research, behavioral science, management science and engineering, etc. It is also useful as a textbook for postgraduate and senior-year undergraduate students of the relevant professional institutions of higher learning.
A New Method Based on PROMETHEE and TODIM for Multi-Attribute Decision-Making with Single-Valued Neutrosophic Sets
Author: Dongsheng Xu
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 12
Book Description
In this paper, a new method based on PROMETHEE and TODIM is proposed to solve the MADM problem under the single-valued neutrosophic environment. Based on the calculation formula of inflow and outflow in PROMETHEE method, and the calculation formula of overall dominance in the TODIM method, a new integrated formula is obtained.
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 12
Book Description
In this paper, a new method based on PROMETHEE and TODIM is proposed to solve the MADM problem under the single-valued neutrosophic environment. Based on the calculation formula of inflow and outflow in PROMETHEE method, and the calculation formula of overall dominance in the TODIM method, a new integrated formula is obtained.
Handbook of the Fundamentals of Financial Decision Making
Author: Leonard C. MacLean
Publisher: World Scientific
ISBN: 9814417351
Category : Business & Economics
Languages : en
Pages : 941
Book Description
This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).
Publisher: World Scientific
ISBN: 9814417351
Category : Business & Economics
Languages : en
Pages : 941
Book Description
This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).
TODIM Method for Multiple Attribute Group Decision Making under 2-Tuple Linguistic Neutrosophic Environment
Author: Jie Wang
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 17
Book Description
In this article, we extend the original TODIM (Portuguese acronym for Interactive Multi-Criteria Decision Making) method to the 2-tuple linguistic neutrosophic fuzzy environment to propose the 2TLNNs TODIM method. In the extended method, we use 2-tuple linguistic neutrosophic numbers (2TLNNs) to present the criteria values in multiple attribute group decision making (MAGDM) problems.
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 17
Book Description
In this article, we extend the original TODIM (Portuguese acronym for Interactive Multi-Criteria Decision Making) method to the 2-tuple linguistic neutrosophic fuzzy environment to propose the 2TLNNs TODIM method. In the extended method, we use 2-tuple linguistic neutrosophic numbers (2TLNNs) to present the criteria values in multiple attribute group decision making (MAGDM) problems.
Optimization for Decision Making II
Author: Víctor Yepes
Publisher: MDPI
ISBN: 3039436074
Category : Technology & Engineering
Languages : en
Pages : 300
Book Description
In the current context of the electronic governance of society, both administrations and citizens are demanding the greater participation of all the actors involved in the decision-making process relative to the governance of society. This book presents collective works published in the recent Special Issue (SI) entitled “Optimization for Decision Making II”. These works give an appropriate response to the new challenges raised, the decision-making process can be done by applying different methods and tools, as well as using different objectives. In real-life problems, the formulation of decision-making problems and the application of optimization techniques to support decisions are particularly complex and a wide range of optimization techniques and methodologies are used to minimize risks, improve quality in making decisions or, in general, to solve problems. In addition, a sensitivity or robustness analysis should be done to validate/analyze the influence of uncertainty regarding decision-making. This book brings together a collection of inter-/multi-disciplinary works applied to the optimization of decision making in a coherent manner.
Publisher: MDPI
ISBN: 3039436074
Category : Technology & Engineering
Languages : en
Pages : 300
Book Description
In the current context of the electronic governance of society, both administrations and citizens are demanding the greater participation of all the actors involved in the decision-making process relative to the governance of society. This book presents collective works published in the recent Special Issue (SI) entitled “Optimization for Decision Making II”. These works give an appropriate response to the new challenges raised, the decision-making process can be done by applying different methods and tools, as well as using different objectives. In real-life problems, the formulation of decision-making problems and the application of optimization techniques to support decisions are particularly complex and a wide range of optimization techniques and methodologies are used to minimize risks, improve quality in making decisions or, in general, to solve problems. In addition, a sensitivity or robustness analysis should be done to validate/analyze the influence of uncertainty regarding decision-making. This book brings together a collection of inter-/multi-disciplinary works applied to the optimization of decision making in a coherent manner.
Hesitant Fuzzy and Probabilistic Information Fusion
Author: Zhan Su
Publisher: Springer Nature
ISBN: 9819731402
Category :
Languages : en
Pages : 155
Book Description
Publisher: Springer Nature
ISBN: 9819731402
Category :
Languages : en
Pages : 155
Book Description
Fuzzy Investment Decision Making with Examples
Author: Cengiz Kahraman
Publisher: Springer Nature
ISBN: 3031546601
Category :
Languages : en
Pages : 261
Book Description
Publisher: Springer Nature
ISBN: 3031546601
Category :
Languages : en
Pages : 261
Book Description
Multi-Attribute Decision-Making Based on Preference Perspective with Interval Neutrosophic Sets in Venture Capital
Author: Yanran Hong
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 13
Book Description
Fuzzy information in venture capital can be well expressed by neutrosophic numbers, and TODIM method is an effective tool for multi-attribute decision-making. The distance measure is an essential step in TODIM method. The keystone of this paper is to define several new distance measures, in particular the improved interval neutrosophic Euclidean distance, and these measures are applied in the TODIM method for multi-attribute decision-making. Firstly, the normalized generalized interval neutrosophic Hausdorff distance is defined and proved to be valid in this paper. Secondly, we define a weighted parameter interval neutrosophic distance and discuss whether different weight parameters affect the decision result based on TODIM method. Thirdly, considering the preference perspective of decision-makers in behavioral economics, we define the improved interval neutrosophic Euclidean distance with the known parameter of risk preference. Finally, an application example is given to compare the effects of different parameters on the result and discuss the feasibility of these two distance measures in TODIM method.
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 13
Book Description
Fuzzy information in venture capital can be well expressed by neutrosophic numbers, and TODIM method is an effective tool for multi-attribute decision-making. The distance measure is an essential step in TODIM method. The keystone of this paper is to define several new distance measures, in particular the improved interval neutrosophic Euclidean distance, and these measures are applied in the TODIM method for multi-attribute decision-making. Firstly, the normalized generalized interval neutrosophic Hausdorff distance is defined and proved to be valid in this paper. Secondly, we define a weighted parameter interval neutrosophic distance and discuss whether different weight parameters affect the decision result based on TODIM method. Thirdly, considering the preference perspective of decision-makers in behavioral economics, we define the improved interval neutrosophic Euclidean distance with the known parameter of risk preference. Finally, an application example is given to compare the effects of different parameters on the result and discuss the feasibility of these two distance measures in TODIM method.
A Method of Determining Multi-AttributeWeights Based on Single-Valued Neutrosophic Numbers and Its Application in TODIM
Author: Dongsheng Xu
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 12
Book Description
In this paper, the TODIM method is used to solve the multi-attribute decision-making problem with unknown attribute weight in venture capital, and the decision information is given in the form of single-valued neutrosophic numbers. In order to consider the objectivity and subjectivity of decision-making problems reasonably, the optimal weight is obtained by combining subjective weights and objective weights. Subjective weights are given directly by decision makers. Objective weights are obtained by establishing a weight optimization model with known decision information, then this method will compare with entropy weight method. These simulation results also validate the effectiveness and reasonableness of this proposed method.
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 12
Book Description
In this paper, the TODIM method is used to solve the multi-attribute decision-making problem with unknown attribute weight in venture capital, and the decision information is given in the form of single-valued neutrosophic numbers. In order to consider the objectivity and subjectivity of decision-making problems reasonably, the optimal weight is obtained by combining subjective weights and objective weights. Subjective weights are given directly by decision makers. Objective weights are obtained by establishing a weight optimization model with known decision information, then this method will compare with entropy weight method. These simulation results also validate the effectiveness and reasonableness of this proposed method.
Type-2 Fuzzy Decision-Making Theories, Methodologies and Applications
Author: Jindong Qin
Publisher: Springer
ISBN: 9811398917
Category : Mathematics
Languages : en
Pages : 282
Book Description
This book integrates the type-2 fuzzy sets and multiple criteria decision making analysis in recent years and offers an authoritative treatise on the essential topics, both at the theoretical and applied end. In this book, some basic theory, type-2 fuzzy sets, methodology, algorithms, are introduced and then some compelling case studies in decision problems are covered in depth. The authors offer an authoritative treatise on the essential topics, both at the theoretical and applied end; In a systematic and logically organized way, the book exposes the reader to the essentials of the theory of type-2 fuzzy sets, methodology, algorithms, and their applications. Numerous techniques of decision making are carefully generalized by bringing the ideas of type-2 fuzzy sets; this concerns well-known methods including TOPSIS, Analytical Network Process, TODIM, and VIKOR. This book exposes the readers to the essentials of the theory of type-2 fuzzy sets, methodology, algorithms, and their applications.
Publisher: Springer
ISBN: 9811398917
Category : Mathematics
Languages : en
Pages : 282
Book Description
This book integrates the type-2 fuzzy sets and multiple criteria decision making analysis in recent years and offers an authoritative treatise on the essential topics, both at the theoretical and applied end. In this book, some basic theory, type-2 fuzzy sets, methodology, algorithms, are introduced and then some compelling case studies in decision problems are covered in depth. The authors offer an authoritative treatise on the essential topics, both at the theoretical and applied end; In a systematic and logically organized way, the book exposes the reader to the essentials of the theory of type-2 fuzzy sets, methodology, algorithms, and their applications. Numerous techniques of decision making are carefully generalized by bringing the ideas of type-2 fuzzy sets; this concerns well-known methods including TOPSIS, Analytical Network Process, TODIM, and VIKOR. This book exposes the readers to the essentials of the theory of type-2 fuzzy sets, methodology, algorithms, and their applications.