Informatica

Departing from conventional TFP index without variable-specific analysis, this paper applies a novel Malmquist productivity index on the basis of the multi-directional efficiency analysis to investigate not only the overall total factor productivity growth, but also the variable-specific productivity growth in the Chinese banking sector. Moreover, considering heterogenous types of banks, the metafrontier framework is taken into account. It is found that the total factor productivity tended to decline in the Chinese banking during 2005–2015 with technological change being the main source of regress. The large state-owned commercial banks performed better than the small-medium commercial banks in terms of total factor productivity growth.

The aim of this paper is to investigate intuitionistic fuzzy multiple attribute group decision making problems where the attribute values provided by experts are expressed in intuitionistic fuzzy numbers, and the weight information about the experts is to be determined. We present a new method to derive the weights of experts and rank the preference order of alternatives based on projection models. We first derive the weights of the decision makers according to the projection of the individual decision on the ideal decision. The expert has a large weight if his evaluation value is close to the ideal decision, and has a small weight if his evaluation value is far from the ideal decision. Then, based on the weighted projection of the alternatives on the intuitionistic fuzzy ideal solution (IFIS), we develop a straightforward and practical algorithm to rank alternatives. Furthermore, we extend the developed model and algorithm to the multiple attribute group decision making problems with interval-valued intuitionistic fuzzy information. Finally, an illustrative example is given to verify the developed approach and to demonstrate its practicality and effectiveness.

In this paper we develop a new method for 2-tuple linguistic multiple attribute decision making, namely the 2-tuple linguistic generalized ordered weighted averaging distance (2LGOWAD) operator. This operator is an extension of the OWA operator that utilizes generalized means, distance measures and uncertain information represented as 2-tuple linguistic variables. By using 2LGOWAD, it is possible to obtain a wide range of 2-tuple linguistic aggregation distance operators such as the 2-tuple linguistic maximum distance, the 2-tuple linguistic minimum distance, the 2-tuple linguistic normalized Hamming distance (2LNHD), the 2-tuple linguistic weighted Hamming distance (2LWHD), the 2-tuple linguistic normalized Euclidean distance (2LNED), the 2-tuple linguistic weighted Euclidean distance (2LWED), the 2-tuple linguistic ordered weighted averaging distance (2LOWAD) operator and the 2-tuple linguistic Euclidean ordered weighted averaging distance (2LEOWAD) operator. We study some of its main properties, and we further generalize the 2LGOWAD operator using quasi-arithmetic means. The result is the Quasi-2LOWAD operator. Finally we present an application of the developed operators to decision-making regarding the selection of investment strategies.

This paper aims to extend fuzzy MULTIMOORA with linguistic reasoning and group decision-making (MULTIMOORA-FG). The new method consists of the three parts, namely the fuzzy Ratio System, the fuzzy Utopian Reference Point, and the fuzzy Full Multiplicative Form offering a robust comparison of alternatives against multiple objectives. In addition, MULTIMOORA-FG is designed to deal with triangular fuzzy numbers which, in turn, can resemble linguistic variables. MULTIMOORA-FG is a proper instrument for linguistic reasoning under fuzzy environment. In our study an application of personnel selection illustrates the group decision-making procedure according to MULTIMOORA-FG. Given the uncertainties peculiar of personnel selection, the application of multi-objective decision making (MODM) is required in this area. Fuzzy MULTIMOORA enables to aggregate subjective assessments of the decision-makers and thus offer an opportunity to perform a more robust personnel selection. The committee decided to consider eight qualitative characteristics expressed in linguistic variables. A numerical example exhibited possibilities for improvement of human resources management or any other business decision-making by applying MULTIMOORA-FG.