Adjust decision-making targets based on psychological thresholds

This paper study the impact of psychological thresholds (PTs) on the decision maker´s (DM´s) decision target when making decision. A new approach of decision making is proposed in this paper. First, we construct criterion expected functions according to three different types of criteria: profittype, cost-type and intermediate-type, respectively. Then, we calculate the local degree of satisfaction (LDS) of each object when PTs exists, in order to adjust the initial decision target to make up new decision table. Later, by weighting the criteria reaching the DM´s degree of satisfaction (DS) along with information aggregation algorithm, we obtain the overall satisfaction of decision alternative options. Finally, an example is presented to illustrate the effectiveness and feasibility of the proposed approach.