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The Interval Grey Numbers Ranking Based on Risk Preferences

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Affiliation of Author(s):经济与管理学院

Title of Paper:The Interval Grey Numbers Ranking Based on Risk Preferences

Journal:PROCEEDINGS OF 2017 IEEE INTERNATIONAL CONFERENCE ON GREY SYSTEMS AND INTELLIGENT SERVICES (GSIS)

Key Words:Interval grey number Advantage relation Possibility degree Risk preferences Multi-criteria decision making

Abstract:In this paper, a new method for ranking interval grey numbers to address the challenge in multi-criteria decision making problems with interval grey numbers has been proposed. This new method involves the risk preferences of decision makers. First, we propose a new method to rank the interval grey numbers by comparing the possibility degree or whitened-value. Second, we classify the decision makers into three different types according to their risk preferences then we establish the corresponding risk preference assumptions to solve the problem that different interval grey numbers with the same possibility degree or whitened-value. Finally, we use a realistic voting example to demonstrate the practicability and effectiveness of the proposed method.

Translation or Not:no

Date of Publication:2017-01-01

Co-author:Li, Zhaobin,Liu, Jian,Zhang, Shuai

Correspondence Author:zz

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