Pub. online:1 Jan 2018Type:Research ArticleOpen Access
Volume 29, Issue 2 (2018), pp. 321–352
This paper aims to propose a new distance measure, the interval-valued 2-tuple linguistic induced continuous ordered weighted distance (IT-ICOWD) measure, which consists of the interval-valued 2-tuple linguistic induced continuous ordered weighted averaging (IT-ICOWA) operator and the ordered weighted distance (OWD) measure. In these operators, we consider the risk attitude of decision maker. Furthermore, we discuss some desired properties and various special cases of the IT-ICOWD measure. Additionally, a method of multiple attribute group decision making (MAGDM) in interval-valued 2-tuple linguistic environment is developed on the basis of the IT-ICOWD measure. Through this method, we obtain three simple and exact formulae to determine the order-inducing variables of the IT-ICOWD measure, the weighting vector of decision makers and the weighting vector of attributes, respectively. At last, a numerical example is presented to illustrate the practicability and feasibility of proposed method.
Pub. online:1 Jan 2014Type:Research ArticleOpen Access
Volume 25, Issue 2 (2014), pp. 327–360
We present a new aggregation operator called the generalized ordered weighted proportional averaging (GOWPA) operator based on an optimal model with penalty function, which extends the ordered weighted geometric averaging (OWGA) operator. We investigate some properties and different families of the GOWPA operator. We also generalize the GOWPA operator. The key advantage of the GOWPA operator is that it is an aggregation operator with theoretic basis on aggregation, which focuses on its structure and importance of arguments. Moreover, we propose an orness measure of the GOWPA operator and indicate some properties of this orness measure. Furthermore, we introduce the generalized least squares method (GLSM) to determine the GOWPA operator weights based on its orness measure. Finally, we present a numerical example to illustrate the new approach in an investment selection decision making problem.