Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic Environment
Public-Private Partnership (PPP) refers to a partnership between a government and a private sector to provide public infrastructure projects, services, etc. These projects have been associated with numerous problems, many of which failed. A critical issue in PPP projects is choosing the right privat...
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| Format: | Article |
| Language: | English |
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REA Press
2022-06-01
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| Series: | Big Data and Computing Visions |
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| Online Access: | https://www.bidacv.com/article_150242_700fdc6b7fd863df4b184d806443b959.pdf |
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| author | Seyed Farhad Saberhoseini Seyyed Ahmad Edalatpanah Ali Sorourkhah |
| author_facet | Seyed Farhad Saberhoseini Seyyed Ahmad Edalatpanah Ali Sorourkhah |
| author_sort | Seyed Farhad Saberhoseini |
| collection | DOAJ |
| description | Public-Private Partnership (PPP) refers to a partnership between a government and a private sector to provide public infrastructure projects, services, etc. These projects have been associated with numerous problems, many of which failed. A critical issue in PPP projects is choosing the right private-sector partner. Considering various criteria, the public sector has to select the best alternative concerning uncertainty. There needs to be a focus on well-structured, feasible decision approaches necessary to improve the performance of PPPs. In the MCDM context, the ratings of the alternatives provided by decision-makers can be expressed with the Fuzzy Set theory. Single-valued neutrosophic sets SVNSs are well suited for handling ambiguous, incomplete, and imprecise information. Moreover, some information measures for the SVNS model have been proposed, such as similarity measures. As selecting the suitable private-sector partner problem is an MCDM one, including various risk factors and uncertainty, this article has addressed choosing that by considering the risk factors as the problem criteria in a neutrosophic environment. We proposed a simple, practical approach to solve the problem of selecting the best private-sector partner. This approach considers the most critical risk factors affecting the infrastructure PPP project and copes with uncertainty using SVNSs. |
| format | Article |
| id | doaj-art-4a27ce2efaad4a6e85ed48e0fb9a9f57 |
| institution | Kabale University |
| issn | 2783-4956 2821-014X |
| language | English |
| publishDate | 2022-06-01 |
| publisher | REA Press |
| record_format | Article |
| series | Big Data and Computing Visions |
| spelling | doaj-art-4a27ce2efaad4a6e85ed48e0fb9a9f572025-01-30T12:21:49ZengREA PressBig Data and Computing Visions2783-49562821-014X2022-06-0122616810.22105/bdcv.2022.334005.1075150242Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic EnvironmentSeyed Farhad Saberhoseini0Seyyed Ahmad Edalatpanah1Ali Sorourkhah2Department of Civil Engineering, Ayandegan Institute of Higher Education, Tonekabon, Iran.Department of Applied Mathematics, Ayandegan Institute of Higher Education, Tonekabon, Iran.Department of Management, Ayandegan Institute of Higher Education, Tonekabon, Iran.Public-Private Partnership (PPP) refers to a partnership between a government and a private sector to provide public infrastructure projects, services, etc. These projects have been associated with numerous problems, many of which failed. A critical issue in PPP projects is choosing the right private-sector partner. Considering various criteria, the public sector has to select the best alternative concerning uncertainty. There needs to be a focus on well-structured, feasible decision approaches necessary to improve the performance of PPPs. In the MCDM context, the ratings of the alternatives provided by decision-makers can be expressed with the Fuzzy Set theory. Single-valued neutrosophic sets SVNSs are well suited for handling ambiguous, incomplete, and imprecise information. Moreover, some information measures for the SVNS model have been proposed, such as similarity measures. As selecting the suitable private-sector partner problem is an MCDM one, including various risk factors and uncertainty, this article has addressed choosing that by considering the risk factors as the problem criteria in a neutrosophic environment. We proposed a simple, practical approach to solve the problem of selecting the best private-sector partner. This approach considers the most critical risk factors affecting the infrastructure PPP project and copes with uncertainty using SVNSs.https://www.bidacv.com/article_150242_700fdc6b7fd863df4b184d806443b959.pdfpublic-private partnershipneutrosophic setssvnsdecision-makingsimilarity measure |
| spellingShingle | Seyed Farhad Saberhoseini Seyyed Ahmad Edalatpanah Ali Sorourkhah Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic Environment Big Data and Computing Visions public-private partnership neutrosophic sets svns decision-making similarity measure |
| title | Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic Environment |
| title_full | Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic Environment |
| title_fullStr | Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic Environment |
| title_full_unstemmed | Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic Environment |
| title_short | Choosing the Best Private-Sector Partner According to the Risk Factors in Neutrosophic Environment |
| title_sort | choosing the best private sector partner according to the risk factors in neutrosophic environment |
| topic | public-private partnership neutrosophic sets svns decision-making similarity measure |
| url | https://www.bidacv.com/article_150242_700fdc6b7fd863df4b184d806443b959.pdf |
| work_keys_str_mv | AT seyedfarhadsaberhoseini choosingthebestprivatesectorpartneraccordingtotheriskfactorsinneutrosophicenvironment AT seyyedahmadedalatpanah choosingthebestprivatesectorpartneraccordingtotheriskfactorsinneutrosophicenvironment AT alisorourkhah choosingthebestprivatesectorpartneraccordingtotheriskfactorsinneutrosophicenvironment |