Three-Way Multiattribute Decision-Making Based on Outranking Relations

In contrast to two-way decisions (2WD), three-way decisions (3WD) can effectively reduce decision risks by utilizing a new delayed decision option. This article incorporates 3WD into multiattribute decision-making (MADM) based on an outranking relation. We construct the outranked set for each altern...

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Veröffentlicht in:IEEE transactions on fuzzy systems Jg. 29; H. 10; S. 2844 - 2858
Hauptverfasser: Zhan, Jianming, Jiang, Haibo, Yao, Yiyu
Format: Journal Article
Sprache:Englisch
Veröffentlicht: New York IEEE 01.10.2021
The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
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ISSN:1063-6706, 1941-0034
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Zusammenfassung:In contrast to two-way decisions (2WD), three-way decisions (3WD) can effectively reduce decision risks by utilizing a new delayed decision option. This article incorporates 3WD into multiattribute decision-making (MADM) based on an outranking relation. We construct the outranked set for each alternative and introduce a hybrid information table that combines an MADM matrix with a loss function table. We propose three strategies to design a new 3WD model for MADM. The rationality and effectiveness of the proposed 3WD method are demonstrated by solving a problem of enterprise project investment target selections. Finally, we provide the comparative analysis and two experimental evaluations. The results show that the proposed 3WD method is effective and practically useful.
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ISSN:1063-6706
1941-0034
DOI:10.1109/TFUZZ.2020.3007423