Algorithm for Neutrosophic Soft Sets in Stochastic Multi-Criteria Group Decision Making Based on Prospect Theory

Algorithm for Neutrosophic Soft Sets in Stochastic Multi-Criteria Group Decision Making Based on Prospect Theory PDF Author: Yuanxiang Dong
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 16

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Book Description
To address issues involving inconsistencies, this paper proposes a stochastic multi-criteria group decision making algorithm based on neutrosophic soft sets, which includes a pair of asymmetric functions: Truth-membership and false-membership, and an indeterminacy membership function. For integrating an inherent stochastic, the algorithm expresses the weights of decision makers and parameter subjective weights by neutrosophic numbers instead of determinate values. Additionally, the algorithm is guided by the prospect theory, which incorporates psychological expectations of decision makers into decision making. To construct the prospect decision matrix, this research establishes a conflict degree measure of neutrosophic numbers and improves it to accommodate the stochastic multi-criteria group decision making. Moreover, we introduce the weighted average aggregation rule and weighted geometric aggregation rule of neutrosophic soft sets. Later, this study presents an algorithm for neutrosophic soft sets in the stochastic multi-criteria group decision making based on the prospect theory. Finally, we perform an illustrative example and a comparative analysis to prove the effectiveness and feasibility of the proposed algorithm.

Algorithm for Neutrosophic Soft Sets in Stochastic Multi-Criteria Group Decision Making Based on Prospect Theory

Algorithm for Neutrosophic Soft Sets in Stochastic Multi-Criteria Group Decision Making Based on Prospect Theory PDF Author: Yuanxiang Dong
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 18

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Book Description
To address issues involving inconsistencies, this paper proposes a stochastic multi-criteria group decision making algorithm based on neutrosophic soft sets, which includes a pair of asymmetric functions: Truth-membership and false-membership, and an indeterminacy-membership function. For integrating an inherent stochastic, the algorithm expresses the weights of decision makers and parameter subjective weights by neutrosophic numbers instead of determinate values. Additionally, the algorithm is guided by the prospect theory, which incorporates psychological expectations of decision makers into decision making.

Symmetry in Applied Mathematics

Symmetry in Applied Mathematics PDF Author: Lorentz Jäntschi
Publisher: MDPI
ISBN: 3039437917
Category : Mathematics
Languages : en
Pages : 244

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Book Description
Applied mathematics and symmetry work together as a powerful tool for problem reduction and solving. We are communicating applications in probability theory and statistics (A Test Detecting the Outliers for Continuous Distributions Based on the Cumulative Distribution Function of the Data Being Tested, The Asymmetric Alpha-Power Skew-t Distribution), fractals - geometry and alike (Khovanov Homology of Three-Strand Braid Links, Volume Preserving Maps Between p-Balls, Generation of Julia and Mandelbrot Sets via Fixed Points), supersymmetry - physics, nanostructures -chemistry, taxonomy - biology and alike (A Continuous Coordinate System for the Plane by Triangular Symmetry, One-Dimensional Optimal System for 2D Rotating Ideal Gas, Minimal Energy Configurations of Finite Molecular Arrays, Noether-Like Operators and First Integrals for Generalized Systems of Lane-Emden Equations), algorithms, programs and software analysis (Algorithm for Neutrosophic Soft Sets in Stochastic Multi-Criteria Group Decision Making Based on Prospect Theory, On a Reduced Cost Higher Order Traub-Steffensen-Like Method for Nonlinear Systems, On a Class of Optimal Fourth Order Multiple Root Solvers without Using Derivatives) to specific subjects (Facility Location Problem Approach for Distributed Drones, Parametric Jensen-Shannon Statistical Complexity and Its Applications on Full-Scale Compartment Fire Data). Diverse topics are thus combined to map out the mathematical core of practical problems.

A bibliometric analysis of neutrosophic set: two decades review from 1998 to 2017

A bibliometric analysis of neutrosophic set: two decades review from 1998 to 2017 PDF Author: Xindong Peng
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 57

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Book Description
Neutrosophic set, initiated by Smarandache, is a novel tool to deal with vagueness considering the truth-membership T , indeterminacy-membership I and falsity-membership F satisfying the condition 0 ≤ T + I + F ≤ 3. It can be used to characterize the uncertain information more sufficiently and accurately than intuitionistic fuzzy set. Neutrosophic set has attracted great attention of many scholars that have been extended to new types and these extensions have been used in many areas such as aggregation operators, decision making, image processing, information measures, graph and algebraic structures. Because of such a growth, we present an overview on neutrosophic set with the aim of offering a clear perspective on the different concepts, tools and trends related to their extensions. A total of 137 neutrosophic set publication records from Web of Science are analyzed. Many interesting results with regard to the annual trends, the top players in terms of country level as well as institutional level, the publishing journals, the highly cited papers, and the research landscape are yielded and explained in-depth. The results indicate that some developing economics (such as China, India, Turkey) are quite active in neutrosophic set research. Moreover, the co-authorship analysis of the country and institution, the co-citation analysis of the journal, reference and author, and the co-occurrence analysis of the keywords are presented byVOSviewer software.

Intelligent Systems for Social Good

Intelligent Systems for Social Good PDF Author: Shyamapada Mukherjee
Publisher: Springer Nature
ISBN: 9811907706
Category : Technology & Engineering
Languages : en
Pages : 212

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Book Description
This book highlights the connections between two technologies: artificial intelligence (AI) and Internet of things (IoT). It presents the application of these two technologies to solve various societal problems related to healthcare, agriculture, green environment, renewable energies, smart cities, etc. Each chapter in this book presents novel solutions to these problems along with the challenges in the application of AI and IoT to solve them. It discusses the adverse attacks on machine Learning models and how to protect sensitive data over the IoT networks. It also includes the security issues in IoT and their possible solutions.

A Method of Determining Multi-AttributeWeights Based on Single-Valued Neutrosophic Numbers and Its Application in TODIM

A Method of Determining Multi-AttributeWeights Based on Single-Valued Neutrosophic Numbers and Its Application in TODIM PDF Author: Dongsheng Xu
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 12

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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.

Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management

Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management PDF Author: Edmundas Kazimieras Zavadskas
Publisher: MDPI
ISBN: 3038976423
Category : Technology & Engineering
Languages : en
Pages : 320

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Book Description
Information management is a common paradigm in modern decision-making. A wide range of decision-making techniques have been proposed in the literature to model complex business and engineering processes. In this Special Issue, 16 selected and peer-reviewed original research articles contribute to business information management in various current real-world problems by proposing crisp or uncertain multiple-criteria decision-making (MCDM) models and techniques, mostly including multi-attribute decision-making (MADM) approaches, in addition to a single paper proposing an interactive multi-objective decision-making (MODM) approach. Particular attention is devoted to information aggregation operators—65% of papers dealt with this item. The topics of this Special Issue gained attention in Europe and Asia. A total of 48 authors from seven countries contributed to this Issue. The papers are mainly concentrated in three application areas: supplier selection and rational order allocation, the evaluation and selection of goods or facilities, and personnel selection/partner selection. A number of new approaches are proposed that are expected to attract great interest from the research community.

MODIFIED METHOD FOR SOLVING NON-LINEAR PROGRAMMING FOR MULTI-CRITERIA DECISION MAKING PROBLEMS UNDER INTERVAL NEUTROSOPHIC SET ENVIRONMENT

MODIFIED METHOD FOR SOLVING NON-LINEAR PROGRAMMING FOR MULTI-CRITERIA DECISION MAKING PROBLEMS UNDER INTERVAL NEUTROSOPHIC SET ENVIRONMENT PDF Author: Akanksha Singh
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 12

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Book Description
Garg and Nancy (Applied Intelligence, 2017, https://doi.org/10.1007/s10489-017-1070-5) proposed a non-linear programming (NLP) method for solving interval neutrosophic multi-criteria decision making (INMCDM) problems (decision making problems in which rating value of each alternative over each criteria is represented by an interval neutrosophic set). In future, other researchers may use the same method in their research work as well as for solving real life INMCDM problems. However, after a deep study, it is observed that Garg and Nancy have used some mathematical incorrect assumptions in their proposed method. Therefore, it is scientifically incorrect to use this method in its present form. Keeping the same in mind, the method, proposed by Garg and Nancy, is modified.

Fuzzy Techniques for Decision Making

Fuzzy Techniques for Decision Making PDF Author: José Carlos R. Alcantud
Publisher: MDPI
ISBN: 3038428876
Category : Mathematics
Languages : en
Pages : 411

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Book Description
This book is a printed edition of the Special Issue "Fuzzy Techniques for Decision Making" that was published in Symmetry

Handbook of the Fundamentals of Financial Decision Making

Handbook of the Fundamentals of Financial Decision Making PDF Author: Leonard C. MacLean
Publisher: World Scientific
ISBN: 9814417351
Category : Business & Economics
Languages : en
Pages : 941

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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).