Next Article in Journal
Iterative Group Decomposition for Refining Microaggregation Solutions
Next Article in Special Issue
Selecting the Optimal Mine Ventilation System via a Decision Making Framework under Hesitant Linguistic Environment
Previous Article in Journal
Schützenberger Symmetries in Network Structures
Previous Article in Special Issue
Complex Fuzzy Geometric Aggregation Operators
Article Menu
Issue 7 (July) cover image

Export Article

Open AccessArticle
Symmetry 2018, 10(7), 261; https://doi.org/10.3390/sym10070261

Intuitionistic Fuzzy Multiple Attribute Decision-Making Model Based on Weighted Induced Distance Measure and Its Application to Investment Selection

1
School of Finance, Zhejiang Gongshang University, Hangzhou 310018, China
2
College of Computer and Information, Zhejiang Wanli University, Ningbo 315100, China
3
School of Business, Ningbo University, Ningbo 315211, China
*
Authors to whom correspondence should be addressed.
Received: 11 June 2018 / Revised: 28 June 2018 / Accepted: 2 July 2018 / Published: 4 July 2018
(This article belongs to the Special Issue Fuzzy Techniques for Decision Making 2018)
Full-Text   |   PDF [262 KB, uploaded 4 July 2018]

Abstract

This paper investigates an intuitionistic fuzzy multiple attribute decision-making method based on weighted induced distance and its application to investment selection. Specifically, an intuitionistic fuzzy weighted induced ordered weighted averaging operator is proposed to eliminate the drawbacks of existing methods by extending the functions of the order-induced variables. The main advantage of the proposed operator is its dual roles of the order-inducing variables that can simultaneously induce arguments and moderate associated weights. A further extension of the proposed operator is its adaptation towards measuring intuitionistic fuzzy information more effectively. In addition, a multiple attribute decision-making model based on the proposed distance operators is proposed. Finally, the practicability and validity of the proposed model are illustrated by using a numerical example related to investment selection. View Full-Text
Keywords: intuitionistic fuzzy set; multiple attribute decision-making; weighted induced distance; investment selection intuitionistic fuzzy set; multiple attribute decision-making; weighted induced distance; investment selection
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
SciFeed

Share & Cite This Article

MDPI and ACS Style

Li, Z.; Sun, D.; Zeng, S. Intuitionistic Fuzzy Multiple Attribute Decision-Making Model Based on Weighted Induced Distance Measure and Its Application to Investment Selection. Symmetry 2018, 10, 261.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Symmetry EISSN 2073-8994 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top