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