Dynamic stochastic multiattribute decision-making that considers stochastic variable variance characteristics under time-sequence contingency environments
Summary: This paper presents a dynamic stochastic decision-making method that considers the characteristics of stochastic variable variances under time-sequence contingency environments for solving stochastic decision-making problems with information from different periods and of indeterminate attribute weights. First, time-sequence weights are obtained using the technique for order preference by similarity to ideal solution (TOPSIS), corresponding with the idea of ``stressing the present rather than the past. After determining the time degree and fully considering the characteristics of normally distributed stochastic variable variances, the attribute weight is determined based on vertical projection distance. Decision-making information is then assembled from two dimensions of time-sequence and attributes, based on the two categories of weighted arithmetic averaging operators of normally distributed stochastic variables, resulting in comprehensive dynamic decision-making from single solution dimensions and a priority sequence of solutions per the order relation criteria of normally distributed stochastic variables. Finally, the validity and practicability of the methods proposed in this paper are verified using an example numerical analysis.
- Dynamic stochastic models for decision making under time constraints.
- Stochastic multicriteria decision making and uncertainty
- Multivariate risk-return decision making within dynamic estimation
- The multi-stage dynamic stochastic decision process with unknown distribution of the random utilities
- Multiple criteria decision making with interval stochastic variables: a method based on interval stochastic dominance
- A stochastic multi-attribute decision making method of performance and reliability
- Variability Sensitive Markov Decision Processes
- scientific article; zbMATH DE number 4083366
- Stochastic multi-attribute decision making considering attribute aspirations based on regret theory
- scientific article; zbMATH DE number 52115
- A method for continuous stochastic multi-attribute large group decision making
- A method of dynamic multi-attribute decision making based on variable weight
- A multi-attribute group decision-making method based on weighted geometric aggregation operators of interval-valued trapezoidal fuzzy numbers
- An approach for normal triangular fuzzy stochastic multiple attribute decision making based on prospect mean-variance rule
- Dynamic intuitionistic fuzzy multi-attribute decision making
- Extension of the VIKOR method to dynamic intuitionistic fuzzy multiple attribute decision making
- scientific article; zbMATH DE number 6311448 (Why is no real title available?)
- Method of stochastic multi-attribute decision making with 2-tuple aspirations considering regret behavior
- Multivariate Gaussian criteria in SMAA
- On ordered weighted averaging aggregation operators in multicriteria decisionmaking
- Probability density functions based weights for ordered weighted averaging (OWA) operators: an example of water quality indices
- Supplier selection using axiomatic fuzzy set and TOPSIS methodology in supply chain management
- TOPSIS-based group decision-making methodology in intuitionistic fuzzy setting
This page was built for publication: Dynamic stochastic multiattribute decision-making that considers stochastic variable variance characteristics under time-sequence contingency environments
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1993072)
