A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection
TODIM is a well-known multiple-criteria decision-making (MCDM) which considers the bounded rationality of decision makers (DMs) based on prospect theory (PT). However, in the classical TODIM, the perceived probability weighting function and the difference of the risk attitudes for gains and losses a...
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| Format: | Article |
| Language: | English |
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Wiley
2020-01-01
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| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2020/2540798 |
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| _version_ | 1832568526866481152 |
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| author | Xiaoli Tian Meiling Niu Jiangshui Ma Zeshui Xu |
| author_facet | Xiaoli Tian Meiling Niu Jiangshui Ma Zeshui Xu |
| author_sort | Xiaoli Tian |
| collection | DOAJ |
| description | TODIM is a well-known multiple-criteria decision-making (MCDM) which considers the bounded rationality of decision makers (DMs) based on prospect theory (PT). However, in the classical TODIM, the perceived probability weighting function and the difference of the risk attitudes for gains and losses are not consistent with the original idea of PT. Moreover, probabilistic hesitant fuzzy information shows its superiority in handling the situation that the DMs hesitate among several possible values with different possibilities. Hence, a novel TODIM with probabilistic hesitant fuzzy information is proposed in this paper to simulate the perceptions of the DMs in PT. To show the advantages of the proposed method, a novel TODIM is combined with hesitant fuzzy information. Finally, a case study is carried out to demonstrate the feasibility of the proposed method, and a series of comparative analyses and the sensitivity analyses are used to show the stability of the proposed method. |
| format | Article |
| id | doaj-art-cde185467d9647cc89ded09439b3384b |
| institution | Kabale University |
| issn | 1076-2787 1099-0526 |
| language | English |
| publishDate | 2020-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj-art-cde185467d9647cc89ded09439b3384b2025-02-03T00:58:51ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/25407982540798A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier SelectionXiaoli Tian0Meiling Niu1Jiangshui Ma2Zeshui Xu3School of Business Administration, Southwestern University of Finance and Economics, Chengdu 611130, ChinaSchool of Public Finance and Taxation, Central University of Finance and Economics, Beijing 100081, ChinaSchool of Business Administration, Southwestern University of Finance and Economics, Chengdu 611130, ChinaBusiness School, Sichuan University, Chengdu 610064, ChinaTODIM is a well-known multiple-criteria decision-making (MCDM) which considers the bounded rationality of decision makers (DMs) based on prospect theory (PT). However, in the classical TODIM, the perceived probability weighting function and the difference of the risk attitudes for gains and losses are not consistent with the original idea of PT. Moreover, probabilistic hesitant fuzzy information shows its superiority in handling the situation that the DMs hesitate among several possible values with different possibilities. Hence, a novel TODIM with probabilistic hesitant fuzzy information is proposed in this paper to simulate the perceptions of the DMs in PT. To show the advantages of the proposed method, a novel TODIM is combined with hesitant fuzzy information. Finally, a case study is carried out to demonstrate the feasibility of the proposed method, and a series of comparative analyses and the sensitivity analyses are used to show the stability of the proposed method.http://dx.doi.org/10.1155/2020/2540798 |
| spellingShingle | Xiaoli Tian Meiling Niu Jiangshui Ma Zeshui Xu A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection Complexity |
| title | A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection |
| title_full | A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection |
| title_fullStr | A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection |
| title_full_unstemmed | A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection |
| title_short | A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection |
| title_sort | novel todim with probabilistic hesitant fuzzy information and its application in green supplier selection |
| url | http://dx.doi.org/10.1155/2020/2540798 |
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