The evaluation performance for commercial banks by intuitionistic fuzzy numbers: the case of Spain

In a globalized world, the banking sector has been forced to advance not only in financial performance, but also in non-financial performance, especially in sustainability criteria. For this purpose, multicriteria decision methods are especially suited to evaluate efficiency and to make a stable ranking of the most outstanding banks in the Spanish financial system. However, we are aware of the difficulties involved due to the inherent uncertainty and subjectivity of this process. For this reason, the use of fuzzy models is proposed, especially intuitionistic fuzzy numbers combined with the Analytic Hierarchy Process and the TOPSIS. The combination of financial criteria based on the CAMELS rating system with non-financial sustainability criteria makes it possible to order the Spanish banking system based on global efficiency. The most relevant contributions are: first, the use of intuitionistic fuzzy numbers in the performance evaluation process, whereby the quality of the information available can be quantified; and the most important one, a simplification of the process in the implementation of the intuitionistic fuzzy TOPSIS. Finally, through a sensibility analysis, it is possible to isolate the relevance of the sustainability process to obtain the global performance evaluation

Decision making with both diversity supporting and opposing membership information

Online big data provides large amounts of decision information to decision makers, but supporting and opposing information are present simultaneously. Dual hesitant fuzzy sets (DHFSs) are useful models for exactly expressing the membership degree of both supporting and opposing information in decision making. However, the application of DHFSs requires an improved distance measure. This paper aims to improve distance measure models for DHFSs and apply the new distance models to generate a technique for order preference by similarity to an ideal solution (TOPSIS) method for multiple attribute decision making (MADM)

Soft Computing

Soft computing is used where a complex problem is not adequately specified for the use of conventional math and computer techniques. Soft computing has numerous real-world applications in domestic, commercial and industrial situations. This book elaborates on the most recent applications in various fields of engineering

An Efficient Ranking Technique for Intuitionistic Fuzzy Numbers with Its Application in Chance Constrained Bilevel Programming

The aim of this paper is to develop a new ranking technique for intuitionistic fuzzy numbers using the method of defuzzification based on probability density function of the corresponding membership function, as well as the complement of nonmembership function. Using the proposed ranking technique a methodology for solving linear bilevel fuzzy stochastic programming problem involving normal intuitionistic fuzzy numbers is developed. In the solution process each objective is solved independently to set the individual goal value of the objectives of the decision makers and thereby constructing fuzzy membership goal of the objectives of each decision maker. Finally, a fuzzy goal programming approach is considered to achieve the highest membership degree to the extent possible of each of the membership goals of the decision makers in the decision making context. Illustrative numerical examples are provided to demonstrate the applicability of the proposed methodology and the achieved results are compared with existing techniques

Soft Computing

Soft computing is used where a complex problem is not adequately specified for the use of conventional math and computer techniques. Soft computing has numerous real-world applications in domestic, commercial and industrial situations. This book elaborates on the most recent applications in various fields of engineering

Fuzzy Mathematics

This book provides a timely overview of topics in fuzzy mathematics. It lays the foundation for further research and applications in a broad range of areas. It contains break-through analysis on how results from the many variations and extensions of fuzzy set theory can be obtained from known results of traditional fuzzy set theory. The book contains not only theoretical results, but a wide range of applications in areas such as decision analysis, optimal allocation in possibilistics and mixed models, pattern classification, credibility measures, algorithms for modeling uncertain data, and numerical methods for solving fuzzy linear systems. The book offers an excellent reference for advanced undergraduate and graduate students in applied and theoretical fuzzy mathematics. Researchers and referees in fuzzy set theory will find the book to be of extreme value

Study on risk control of water inrush in tunnel construction period considering uncertainty

Water inrush risk is a bottleneck problem affecting the safety and smooth construction of tunnel engineering works, so the risk control of water inrush is important, however, geological uncertainty and artificial uncertainty always accompany tunnel construction. Uncertainty will not only affect the accuracy of water inrush risk assessment results, but also affect the reliability of water inrush risk decision-making results. How to control the influence of uncertainty on water inrush risk is key to solving the problem of water inrush risk control. Based on the definition of improved risk, a risk analysis model of water inrush based on a fuzzy Bayesian network is constructed. The main factors affecting the risk of water inrush are determined by sensitivity analysis, and possible schemes in risk control of water inrush are proposed. Based on the characteristics of risk control of water inrush in a tunnel, a multi-attribute group decision-making model is constructed to determine the optimal water inrush risk control scheme, so that the optimal scheme for reducing uncertainty in risk control of water inrush is determined. Finally, this system is applied to Shiziyuan Tunnel. The results show that the proposed risk control system for reducing uncertainty of water inrush is efficacious. First published online 21 August 201

A systematic review on multi-criteria group decision-making methods based on weights: analysis and classification scheme

Interest in group decision-making (GDM) has been increasing prominently over the last decade. Access to global databases, sophisticated sensors which can obtain multiple inputs or complex problems requiring opinions from several experts have driven interest in data aggregation. Consequently, the field has been widely studied from several viewpoints and multiple approaches have been proposed. Nevertheless, there is a lack of general framework. Moreover, this problem is exacerbated in the case of experts’ weighting methods, one of the most widely-used techniques to deal with multiple source aggregation. This lack of general classification scheme, or a guide to assist expert knowledge, leads to ambiguity or misreading for readers, who may be overwhelmed by the large amount of unclassified information currently available. To invert this situation, a general GDM framework is presented which divides and classifies all data aggregation techniques, focusing on and expanding the classification of experts’ weighting methods in terms of analysis type by carrying out an in-depth literature review. Results are not only classified but analysed and discussed regarding multiple characteristics, such as MCDMs in which they are applied, type of data used, ideal solutions considered or when they are applied. Furthermore, general requirements supplement this analysis such as initial influence, or component division considerations. As a result, this paper provides not only a general classification scheme and a detailed analysis of experts’ weighting methods but also a road map for researchers working on GDM topics or a guide for experts who use these methods. Furthermore, six significant contributions for future research pathways are provided in the conclusions.The first author acknowledges support from the Spanish Ministry of Universities [grant number FPU18/01471]. The second and third author wish to recognize their support from the Serra Hunter program. Finally, this work was supported by the Catalan agency AGAUR through its research group support program (2017SGR00227). This research is part of the R&D project IAQ4EDU, reference no. PID2020-117366RB-I00, funded by MCIN/AEI/10.13039/ 501100011033.Peer ReviewedPostprint (published version

New Trends in Neutrosophic Theory and Applications Volume II

Neutrosophic set has been derived from a new branch of philosophy, namely Neutrosophy. Neutrosophic set is capable of dealing with uncertainty, indeterminacy and inconsistent information. Neutrosophic set approaches are suitable to modeling problems with uncertainty, indeterminacy and inconsistent information in which human knowledge is necessary, and human evaluation is needed. Neutrosophic set theory was proposed in 1998 by Florentin Smarandache, who also developed the concept of single valued neutrosophic set, oriented towards real world scientific and engineering applications. Since then, the single valued neutrosophic set theory has been extensively studied in books and monographs introducing neutrosophic sets and its applications, by many authors around the world. Also, an international journal - Neutrosophic Sets and Systems started its journey in 2013. Single valued neutrosophic sets have found their way into several hybrid systems, such as neutrosophic soft set, rough neutrosophic set, neutrosophic bipolar set, neutrosophic expert set, rough bipolar neutrosophic set, neutrosophic hesitant fuzzy set, etc. Successful applications of single valued neutrosophic sets have been developed in multiple criteria and multiple attribute decision making. This second volume collects original research and application papers from different perspectives covering different areas of neutrosophic studies, such as decision making, graph theory, image processing, probability theory, topology, and some theoretical papers. This volume contains four sections: DECISION MAKING, NEUTROSOPHIC GRAPH THEORY, IMAGE PROCESSING, ALGEBRA AND OTHER PAPERS. First paper (Pu Ji, Peng-fei Cheng, Hongyu Zhang, Jianqiang Wang. Interval valued neutrosophic Bonferroni mean operators and the application in the selection of renewable energy) aims to construct selection approaches for renewable energy considering the interrelationships among criteria. To do that, Bonferroni mean (BM) and geometric BM (GBM) are employed

New Challenges in Neutrosophic Theory and Applications

Neutrosophic theory has representatives on all continents and, therefore, it can be said to be a universal theory. On the other hand, according to the three volumes of “The Encyclopedia of Neutrosophic Researchers” (2016, 2018, 2019), plus numerous others not yet included in Encyclopedia book series, about 1200 researchers from 73 countries have applied both the neutrosophic theory and method. Neutrosophic theory was founded by Professor Florentin Smarandache in 1998; it constitutes further generalization of fuzzy and intuitionistic fuzzy theories. The key distinction between the neutrosophic set/logic and other types of sets/logics lies in the introduction of the degree of indeterminacy/neutrality (I) as an independent component in the neutrosophic set. Thus, neutrosophic theory involves the degree of membership-truth (T), the degree of indeterminacy (I), and the degree of non-membership-falsehood (F). In recent years, the field of neutrosophic set, logic, measure, probability and statistics, precalculus and calculus, etc., and their applications in multiple fields have been extended and applied in various fields, such as communication, management, and information technology. We believe that this book serves as useful guidance for learning about the current progress in neutrosophic theories. In total, 22 studies have been presented and reflect the call of the thematic vision. The contents of each study included in the volume are briefly described as follows. The first contribution, authored by Wadei Al-Omeri and Saeid Jafari, addresses the concept of generalized neutrosophic pre-closed sets and generalized neutrosophic pre-open sets in neutrosophic topological spaces. In the article “Design of Fuzzy Sampling Plan Using the Birnbaum-Saunders Distribution”, the authors Muhammad Zahir Khan, Muhammad Farid Khan, Muhammad Aslam, and Abdur Razzaque Mughal discuss the use of probability distribution function of Birnbaum–Saunders distribution as a proportion of defective items and the acceptance probability in a fuzzy environment. Further, the authors Derya Bakbak, Vakkas Uluc¸ay, and Memet S¸ahin present the “Neutrosophic Soft Expert Multiset and Their Application to Multiple Criteria Decision Making” together with several operations defined for them and their important algebraic properties. In “Neutrosophic Multigroups and Applications”, Vakkas Uluc¸ay and Memet S¸ahin propose an algebraic structure on neutrosophic multisets called neutrosophic multigroups, deriving their basic properties and giving some applications to group theory. Changxing Fan, Jun Ye, Sheng Feng, En Fan, and Keli Hu introduce the “Multi-Criteria Decision-Making Method Using Heronian Mean Operators under a Bipolar Neutrosophic Environment” and test the effectiveness of their new methods. Another decision-making study upon an everyday life issue which empowered us to organize the key objective of the industry developing is given in “Neutrosophic Cubic Einstein Hybrid Geometric Aggregation Operators with Application in Prioritization Using Multiple Attribute Decision-Making Method” written by Khaleed Alhazaymeh, Muhammad Gulistan, Majid Khan, and Seifedine Kadry