Induced intuitionistic fuzzy ordered weighted averaging - weighted average operator and its application to business decision-making
- College of Computer and Information, Zhejiang Wanli University
Ningbo, 315100, China
{zszzxl, Pantiejun}@163.com - College of Modern Logistics, Zhejiang Wanli Univeristy
Ningbo, 315100, China
Lhywqf@163.com - Manchester Business School, University of Manchester
Booth Street West, M15 6PB Manchester, UK
jose.merigolindahl@mbs.ac.uk
Abstract
We present the induced intuitionistic fuzzy ordered weighted averaging-weighted average (I-IFOWAWA) operator. It is a new aggregation operator that uses the intuitionistic fuzzy weighted average (IFWA) and the induced intuitionistic fuzzy ordered weighted averaging (I-IFOWA) operator in the same formulation. We study some of its main properties and we have seen that it has a lot of particular cases such as the IFWA and the intuitionistic fuzzy ordered weighted averaging (IFOWA) operator. We also study its applicability in a decision-making problem concerning strategic selection of investments. We see that depending on the particular type of I-IFOWAWA operator used, the results may lead to different decisions.
Key words
Intuitionistic fuzzy sets, weighted average, IOWA operator, decision-making
Digital Object Identifier (DOI)
https://doi.org/10.2298/CSIS130109046S
Publication information
Volume 11, Issue 2 (June 2014)
Year of Publication: 2014
ISSN: 2406-1018 (Online)
Publisher: ComSIS Consortium
Full text
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How to cite
Shouzhen, Z., Qifeng, W., Merigó, J. M., Tiejun, P.: Induced intuitionistic fuzzy ordered weighted averaging - weighted average operator and its application to business decision-making. Computer Science and Information Systems, Vol. 11, No. 2, 839–857. (2014), https://doi.org/10.2298/CSIS130109046S