Picture Fuzzy Weighted Distance Measures and their Application to Investment Selection
The picture fuzzy set (PFS) is a powerful tool to collect and handle large amounts of uncertain assess information in a new light. In this study, we explore some distance measures for the PFSs and propose Picture fuzzy ordered weighted distance measure and Picture fuzzy hybrid weighted distance m...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Academy of Economic Studies of Bucharest
2019-08-01
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| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | http://www.amfiteatrueconomic.ro/temp/Article_2834.pdf |
| Summary: | The picture fuzzy set (PFS) is a powerful tool to collect and handle large amounts of
uncertain assess information in a new light. In this study, we explore some distance
measures for the PFSs and propose Picture fuzzy ordered weighted distance measure and
Picture fuzzy hybrid weighted distance measure. Some of their properties are also
mathematically explored. Moreover, we introduce a model for the aforesaid distance
measures to solve multiple attribute group decision making (MAGDM) method in an
updated way. And at the end of our paper a practical application of investment alternatives
selection is provided to illustrate the validity and applicability of the presented work. |
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| ISSN: | 1582-9146 2247-9104 |