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CODAS method for 2-tuple linguistic Pythagorean fuzzy multiple attribute group decision making and its application to financial management performance assessment

Authors :
Jiang Wu
Guiwu Wei
Rui Wang
Cun Wei
Siqi Zhang
Tingting He
Source :
Technological and Economic Development of Economy, Vol 26, Iss 4, Pp 920-932 (2020), Technological and Economic Development of Economy; Vol 26 No 4 (2020); 920-932
Publication Year :
2020
Publisher :
Vilnius Gediminas Technical University, 2020.

Abstract

Financial management performance evaluation (FMPE) has a significant effect on the identifying an investment chance. We can usually consider FMPE as a multiple attribute group decision making (MAGDM) issue, and the MAGDM method is needed to address it. Uncertainty may be one of the significant factors which could influence the process of MAGDM. In order to handle the uncertainty of group decision-making issues, MAGDM approaches along with 2-tuple linguistic Pythagorean fuzzy sets (2TLPFSs) have been designed. In this essay, CODAS method is extended to 2TLPFSs to tackle MAGDM issues. Linguistic variables and 2TLPFSs are also used to extend the CODAS method. An application of the presented 2-tuple linguistic Pythagorean fuzzy CODAS (2TLPF-CODAS) method to a case study of FMPE problem with 2-tuple linguistic Pythagorean fuzzy numbers (2TLPFNs) is given. To confirm the results, a comparative analysis between the fuzzy CODAS and 2TLPF-TODIM is performed. The results of the comparison illustrate that the presented 2TLPF-CODAS method offers effective and steady results.

Details

Language :
English
ISSN :
20294921 and 20294913
Volume :
26
Issue :
4
Database :
OpenAIRE
Journal :
Technological and Economic Development of Economy
Accession number :
edsair.doi.dedup.....3308313069df7e81d502be07a5e64a4d