Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making

Group decision-making is a common activity in organizational management and economic conditions. In practice, the opinions of experts may be fuzzy. This paper proposes integrating an extended outranking-TOPSIS method with probabilistic linguistic term sets for multiattribute group decision-making, w...

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Main Authors: Feng Shen, Zhiyuan Yang, Dongliang Cai
Format: Article
Language:English
Published: Hindawi-Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/5510627
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spelling doaj-30ff6e7d2b914d59817a1ee841a737392021-07-12T02:12:50ZengHindawi-WileyComplexity1099-05262021-01-01202110.1155/2021/5510627Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-MakingFeng Shen0Zhiyuan Yang1Dongliang Cai2School of FinanceSchool of FinanceSchool of FinanceGroup decision-making is a common activity in organizational management and economic conditions. In practice, the opinions of experts may be fuzzy. This paper proposes integrating an extended outranking-TOPSIS method with probabilistic linguistic term sets for multiattribute group decision-making, which is used to solve the real-world public-private partnership (PPP) project selection problem. First, an extended outranking method based on probabilistic linguistic term sets is proposed, and each expert’s ranking of alternatives is obtained according to this method. After the individual ranking is completed, the large-scale expert group is clustered by the K-means clustering method, and then the improved consensus mechanism is used to study the degree of consensus of the expert group. If the consensus of the group is not up to the standard, then, for clusters with a lower degree of consensus with the group, the feedback mechanism is used to adjust the weight between different clusters so that the group consensus can be improved. After achieving the target group consensus, an improved technique for order preference by similarity to an ideal solution (TOPSIS) method is used to synthesize expert opinions, and the ranking results are obtained. Finally, there are cases used to demonstrate the feasibility and rationality of the method.http://dx.doi.org/10.1155/2021/5510627
collection DOAJ
language English
format Article
sources DOAJ
author Feng Shen
Zhiyuan Yang
Dongliang Cai
spellingShingle Feng Shen
Zhiyuan Yang
Dongliang Cai
Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
Complexity
author_facet Feng Shen
Zhiyuan Yang
Dongliang Cai
author_sort Feng Shen
title Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_short Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_full Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_fullStr Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_full_unstemmed Integrating an Extended Outranking-TOPSIS Method with Probabilistic Linguistic Term Sets for Multiattribute Group Decision-Making
title_sort integrating an extended outranking-topsis method with probabilistic linguistic term sets for multiattribute group decision-making
publisher Hindawi-Wiley
series Complexity
issn 1099-0526
publishDate 2021-01-01
description Group decision-making is a common activity in organizational management and economic conditions. In practice, the opinions of experts may be fuzzy. This paper proposes integrating an extended outranking-TOPSIS method with probabilistic linguistic term sets for multiattribute group decision-making, which is used to solve the real-world public-private partnership (PPP) project selection problem. First, an extended outranking method based on probabilistic linguistic term sets is proposed, and each expert’s ranking of alternatives is obtained according to this method. After the individual ranking is completed, the large-scale expert group is clustered by the K-means clustering method, and then the improved consensus mechanism is used to study the degree of consensus of the expert group. If the consensus of the group is not up to the standard, then, for clusters with a lower degree of consensus with the group, the feedback mechanism is used to adjust the weight between different clusters so that the group consensus can be improved. After achieving the target group consensus, an improved technique for order preference by similarity to an ideal solution (TOPSIS) method is used to synthesize expert opinions, and the ranking results are obtained. Finally, there are cases used to demonstrate the feasibility and rationality of the method.
url http://dx.doi.org/10.1155/2021/5510627
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AT zhiyuanyang integratinganextendedoutrankingtopsismethodwithprobabilisticlinguistictermsetsformultiattributegroupdecisionmaking
AT dongliangcai integratinganextendedoutrankingtopsismethodwithprobabilisticlinguistictermsetsformultiattributegroupdecisionmaking
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