Interval-valued intuitionistic fuzzy ordered weighted cosine similarity measure and its application in investment decision-making
Summary: We present the Interval-Valued Intuitionistic Fuzzy Ordered Weighted Cosine Similarity (IVIFOWCS) measure in this paper, which combines the interval-valued intuitionistic fuzzy cosine similarity measure with the generalized ordered weighted averaging operator. The main advantage of the IVIFOWCS measure provides a parameterized family of similarity measures, and the decision maker can use the IVIFOWCS measure to consider a lot of possibilities and select the aggregation operator in accordance with his interests. We have studied some of its main properties and particular cases such as the interval-valued intuitionistic fuzzy ordered weighted arithmetic cosine similarity (IVIFOWACS) measure and the interval-valued intuitionistic fuzzy maximum cosine similarity (IVIFMAXCS) measure. The IVIFOWCS measure not only is a generalization of some similarity measure, but also it can deal with the correlation of different decision matrices for interval-valued intuitionistic fuzzy values. Furthermore, we present an application of IVIFOWCS measure to the group decision-making problem. Finally the existing similarity measures are compared with the IVIFOWCS measure by an illustrative example.
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- scientific article; zbMATH DE number 3103176 (Why is no real title available?)
- Interval valued intuitionistic fuzzy sets
- Interval-valued intuitionistic fuzzy cosine similarity measures for multiple attribute decision-making
- Intuitionistic fuzzy sets
- Measures of similarity between vague sets
- New decision-making techniques and their application in the selection of financial products
- New similarity measures between intuitionistic fuzzy sets and between elements
- New similarity measures of intuitionistic fuzzy sets and application to pattern recognitions
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- Review of fuzzy investment research considering modelling environment and element fusion
- A new decision making method using interval-valued intuitionistic fuzzy cosine similarity measure based on the weighted reduced intuitionistic fuzzy sets
- Interval-valued intuitionistic fuzzy cosine similarity measures for multiple attribute decision-making
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