A novel distance of intuitionistic trapezoidal fuzzy numbers and its-based prospect theory algorithm in multi-attribute decision making model.

Journal: Mathematical biosciences and engineering : MBE
Published Date:

Abstract

The aim of this paper is to develop a new decision making method considering decision makers' psychological behavior for multi-attribute decision making problem under intuitionistic trapezoidal fuzzy environment. We first put forward a new distance measure of intuitionistic trapezoidal fuzzy numbers. Then combining with cumulative prospect theory, we develop a novel decision making method, which can consider risk attitude of decision makers. Finally, an example is given to demonstrate the effectiveness and practicability of the proposed method.

Authors

  • Haiping Ren
    Division of Active Medical Device and Medical Optics, National Institutes for Food and Drug Control, Beijing, 100050.
  • Lai Jun Luo
    School of Software and Engineering, Jiangxi University of Science and Technology, Nanchang, 330013, China.