International Journal of Computational Intelligence Systems

Volume 12, Issue 2, 2019, Pages 881 - 896

Multi-Attribute Decision-Making Method Based on Prospect Theory in Heterogeneous Information Environment and Its Application in Typhoon Disaster Assessment

Authors
Ruipu Tan1, 2, Wende Zhang3, *, Lehua Yang2, Shengqun Chen2
1School of Economics and Management, Fuzhou University, Room 206, Library, Qi Shan Campus of Fuzhou University, 2 Xue Yuan Road, University Town, Fuzhou, 350116, China
2College of Electronics and Information Science, Fujian Jiangxia University, Fuzhou, 350108, China
3Institute of Information Management, Fuzhou University, Fuzhou, 350116, China
*Corresponding author. E-mail: zhangwd@fzu.edu.cn
Corresponding Author
Wende Zhang
Received 26 April 2019, Accepted 10 July 2019, Available Online 25 July 2019.
DOI
https://doi.org/10.2991/ijcis.d.190722.002How to use a DOI?
Keywords
Multi-attribute decision-making (MADM); Heterogeneous information; Prospect theory; Neutrosophic set; Typhoon disaster assessment
Abstract

Aiming at the decision-making problem in heterogeneous information environment and considering the influence of decision makers' psychological behavior on decision-making results, this paper proposes a multi-attribute decision-making method based on prospect theory in heterogeneous information environment. The heterogeneous information in this paper indicates that the decision attribute value is represented by various types of data forms, including exact number, interval number, linguistic term, intuitionistic fuzzy number, interval intuitionistic fuzzy number, neutrosophic numbers, and trapezoidal fuzzy neutrosophic numbers, and so on. Firstly, the distance and similarity measure of various heterogeneous data are introduced, and the heterogeneous information attribute weights are obtained using the deviation maximization method. Then, the psychological expectation value of each attribute given by the decision maker is used as a reference point, thereby calculating the gain and loss of each attribute value relative to the reference point, and establishing a gain matrix and a loss matrix. On this basis, the prospect theory is used to obtain the comprehensive prospect value of each alternative, so as to obtain the alternative ordering result and optimal alternative. Finally, an illustrative example about typhoon disaster assessment is presented to show the feasibility and effectiveness of the proposed method, and the advantages of the proposed method are illustrated by comparison with other methods.

Copyright
© 2019 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)
View full text (HTML)

Journal
International Journal of Computational Intelligence Systems
Volume-Issue
12 - 2
Pages
881 - 896
Publication Date
2019/07/25
ISSN (Online)
1875-6883
ISSN (Print)
1875-6891
DOI
https://doi.org/10.2991/ijcis.d.190722.002How to use a DOI?
Copyright
© 2019 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - JOUR
AU  - Ruipu Tan
AU  - Wende Zhang
AU  - Lehua Yang
AU  - Shengqun Chen
PY  - 2019
DA  - 2019/07/25
TI  - Multi-Attribute Decision-Making Method Based on Prospect Theory in Heterogeneous Information Environment and Its Application in Typhoon Disaster Assessment
JO  - International Journal of Computational Intelligence Systems
SP  - 881
EP  - 896
VL  - 12
IS  - 2
SN  - 1875-6883
UR  - https://doi.org/10.2991/ijcis.d.190722.002
DO  - https://doi.org/10.2991/ijcis.d.190722.002
ID  - Tan2019
ER  -