A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss Aversion

The uncertainty, complexity, and behavioral preference are widely existing in real-world decision-making problems. In this paper, different from the previous grey target decision method, we propose a novel grey target group decision method considering decision-maker’s loss aversion with positive and...

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Main Authors: Yufeng Zhou, Yufeng Li, Zhi Li
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Scientific Programming
Online Access:http://dx.doi.org/10.1155/2020/8930387
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spelling doaj-c8311c6315e443c8999cf9e0df70a2d92021-07-02T13:17:22ZengHindawi LimitedScientific Programming1058-92441875-919X2020-01-01202010.1155/2020/89303878930387A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss AversionYufeng Zhou0Yufeng Li1Zhi Li2Chongqing Engineering Technology Research Center for Information Management in Development, Chongqing Technology and Business University, Chongqing, ChinaResearch Center for Economy of Upper Researches of the Yangtze River, Chongqing Technology and Business University, Chongqing, ChinaChongqing Engineering Technology Research Center for Information Management in Development, Chongqing Technology and Business University, Chongqing, ChinaThe uncertainty, complexity, and behavioral preference are widely existing in real-world decision-making problems. In this paper, different from the previous grey target decision method, we propose a novel grey target group decision method considering decision-maker’s loss aversion with positive and negative clouts under the dual hesitant fuzzy environment. Firstly, defining the dual hesitant fuzzy ideal optimization scheme as the positive clout and the ideal inferior scheme as the negative clout, positive and negative target-eye distances are measured by the normalized Hamming distances from the DHFEs to the positive clout and the negative clout. Then, a new comprehensive target-eye distance is proposed to evaluate alternatives between the positive and the negative clout. A nonlinear optimization model is established to obtain the optimal initial attribute weights with the goal of minimizing the comprehensive target-eye distance. Then, a grey target group decision method with dual hesitant fuzzy information considering decision-maker’s loss aversion and variable weights is proposed. Finally, a numeral example is given to verify the effectiveness and practicality of the proposed model and method.http://dx.doi.org/10.1155/2020/8930387
collection DOAJ
language English
format Article
sources DOAJ
author Yufeng Zhou
Yufeng Li
Zhi Li
spellingShingle Yufeng Zhou
Yufeng Li
Zhi Li
A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss Aversion
Scientific Programming
author_facet Yufeng Zhou
Yufeng Li
Zhi Li
author_sort Yufeng Zhou
title A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss Aversion
title_short A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss Aversion
title_full A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss Aversion
title_fullStr A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss Aversion
title_full_unstemmed A Grey Target Group Decision Method with Dual Hesitant Fuzzy Information considering Decision-Maker’s Loss Aversion
title_sort grey target group decision method with dual hesitant fuzzy information considering decision-maker’s loss aversion
publisher Hindawi Limited
series Scientific Programming
issn 1058-9244
1875-919X
publishDate 2020-01-01
description The uncertainty, complexity, and behavioral preference are widely existing in real-world decision-making problems. In this paper, different from the previous grey target decision method, we propose a novel grey target group decision method considering decision-maker’s loss aversion with positive and negative clouts under the dual hesitant fuzzy environment. Firstly, defining the dual hesitant fuzzy ideal optimization scheme as the positive clout and the ideal inferior scheme as the negative clout, positive and negative target-eye distances are measured by the normalized Hamming distances from the DHFEs to the positive clout and the negative clout. Then, a new comprehensive target-eye distance is proposed to evaluate alternatives between the positive and the negative clout. A nonlinear optimization model is established to obtain the optimal initial attribute weights with the goal of minimizing the comprehensive target-eye distance. Then, a grey target group decision method with dual hesitant fuzzy information considering decision-maker’s loss aversion and variable weights is proposed. Finally, a numeral example is given to verify the effectiveness and practicality of the proposed model and method.
url http://dx.doi.org/10.1155/2020/8930387
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