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Riemann Integral Based Cross-Entropy for Continuous Function Valued Intuitionistic Fuzzy Sets and an Extended CODAS.

Authors :
Ünver, M.
Özçeli̇k, G.
Source :
Lobachevskii Journal of Mathematics; Sep2024, Vol. 45 Issue 9, p4404-4425, 22p
Publication Year :
2024

Abstract

Continuous function valued intuitionistic fuzzy sets (CFIFSs) offer a notable advancement, departing from rigid numerical representations. Our contribution includes a novel cross-entropy measure based on the Riemann integral for CFIFSs, gauging differentiation between two sets. Recognizing fuzzy set and entropy diversity, we propose a criteria weighting process in multi-criteria decision making (MCDM) applicable across various types of fuzzy sets. This innovative approach integrates into the extended Combinative Distance-Based Assessment (CODAS) method, a MCDM method, designed for continuous function valued intuitionistic fuzzy environments for the first time. Grounding these theoretical advancements practically, we apply the extended CODAS method to a new real-world investment strategies assessment problem. A comprehensive sensitivity analysis addresses financial market complexities, providing insights into our approach's robustness. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
19950802
Volume :
45
Issue :
9
Database :
Complementary Index
Journal :
Lobachevskii Journal of Mathematics
Publication Type :
Academic Journal
Accession number :
181884999
Full Text :
https://doi.org/10.1134/S1995080224605046