Title :
Research and application of fuzzy grey multi-attribute group decision making
Author :
Rao, Congjun ; Wenlue Chen ; Wang, Cheng
Author_Institution :
Coll. of Math. & Inf. Sci., Huanggang Normal Univ., Huanggang
Abstract :
This paper studies the problems of multi-attribute group decision making with hybrid uncertainty information of fuzzy and grey. Firstly, the definition and algorithm of fuzzy grey number is presented, then a model of fuzzy grey multi-attribute group decision making is established. Thirdly, an optimization method of deviation degree is given to solve this new model. Finally, this model is applied to the decision making problem of risk investment. The application results show that this new model is effectual and feasible.
Keywords :
decision making; fuzzy set theory; grey systems; group theory; investment; optimisation; risk analysis; fuzzy grey multi attribute group decision making; hybrid uncertainty information; optimization method; risk investment; Decision making; Deviation degree; Fuzzy grey number; Hybrid uncertainty information; Multi-attribute group decision making;
Conference_Titel :
Control and Decision Conference, 2008. CCDC 2008. Chinese
Conference_Location :
Yantai, Shandong
Print_ISBN :
978-1-4244-1733-9
Electronic_ISBN :
978-1-4244-1734-6
DOI :
10.1109/CCDC.2008.4597732