Title :
Method for Risk Evaluation of High-Technology with 2-Tuple Linguistic Information
Author_Institution :
Bus. Sch., Chengdu Univ. of Technol., Chengdu, China
Abstract :
A new method is proposed to solve multiple attribute group decision making problems with linguistic assessment information. In the method, the two-tuple linguistic representation developed in recent years is used to aggregate the linguistic assessment information. According to the traditional ideas of technique for order preference by similarity to ideal solution (TOPSIS), the optimal alternative(s) is determined by calculating the shortest distance from the two-tuple linguistic positive ideal solution (TLPIS). The method has exact characteristic in linguistic information processing. It avoided information distortion and losing which occur formerly in the linguistic information processing. Finally, a numerical example is used to illustrate the use of the proposed method. The result shows the approach is simple, effective and easy to calculate.
Keywords :
computational linguistics; decision making; risk management; venture capital; TOPSIS; information distortion; linguistic information assessment; linguistic information processing; multiple attribute group decision making; risk evaluation; two-tuple linguistic positive ideal solution; venture capital; Aggregates; Decision making; Fuzzy sets; Information processing; Information technology; Investments; Venture capital; Group decision making; Linguistic assessment information; Risk evaluation; Two-tuple;
Conference_Titel :
Intelligent Information Technology Application, 2009. IITA 2009. Third International Symposium on
Conference_Location :
Nanchang
Print_ISBN :
978-0-7695-3859-4
DOI :
10.1109/IITA.2009.361