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author:

Li, Meijuan (Li, Meijuan.) [1] (Scholars:李美娟) | Zhang, Jiarong (Zhang, Jiarong.) [2] | Shen, Zijie (Shen, Zijie.) [3]

Indexed by:

EI Scopus SCIE

Abstract:

PurposeThree-parameter interval grey numbers (TPIGNs) have been extensively studied as an extended form of interval numbers. However, most existing TPIGN multi-attribute decision-making methods only consider the similarity of positions, ignore the similarity of developmental directions and focus primarily on static evaluation. To address these limitations, in this study, the authors propose a dynamic technique for order preference by similarity to an ideal solution (TOPSIS) based on modified Jaccard similarity and angle similarity for TPIGNs.Design/methodology/approachFirst, the authors extend Jaccard similarity to a TPIGN environment to represent positional similarity. A simple example is provided to illustrate the limitations of the traditional Jaccard similarity. Then, the authors introduce an angle similarity measure to represent developmental directional similarity. Finally, a dynamic TOPSIS model is constructed by incorporating time-series data into conventional two-dimensional static data. Stage weights are obtained by an objective function designed to maximize the amount and minimize the fluctuation of decision information. A quadratic weighting method is adopted to derive the overall evaluation value of alternatives.FindingsTo evaluate the effectiveness of the proposed method, this study takes the pre-assessment of ice disaster and the selection of cooperative enterprises as examples. The authors then provide the results of comparative and sensitivity analyses, which demonstrate the effectiveness and flexibility of the proposed method.Originality/valueThe proposed TOPSIS method in a TPIGN environment can take a more holistic and dynamic perspective for decision-making, which helps mitigate the limitations of single-perspective or static evaluations.

Keyword:

Angle similarity Comprehensive similarity Modified Jaccard similarity Quadratic weighting method Three-parameter interval grey number

Community:

  • [ 1 ] [Li, Meijuan]Fuzhou Univ, Sch Econ & Management, Fuzhou, Peoples R China
  • [ 2 ] [Zhang, Jiarong]Fuzhou Univ, Sch Econ & Management, Fuzhou, Peoples R China
  • [ 3 ] [Shen, Zijie]Fuzhou Univ, Sch Econ & Management, Fuzhou, Peoples R China

Reprint 's Address:

  • [Shen, Zijie]Fuzhou Univ, Sch Econ & Management, Fuzhou, Peoples R China;;

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Source :

GREY SYSTEMS-THEORY AND APPLICATION

ISSN: 2043-9377

Year: 2023

Issue: 3

Volume: 13

Page: 464-487

3 . 2

JCR@2023

3 . 2 0 0

JCR@2023

ESI Discipline: MATHEMATICS;

ESI HC Threshold:13

JCR Journal Grade:1

CAS Journal Grade:3

Cited Count:

WoS CC Cited Count: 2

SCOPUS Cited Count: 3

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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