Heterogeneous group decision making with thermodynamical parameters

There often exist different types of information due to the subjective and objective criteria in practical decision-making problems, thus it is necessary to develop some efficient frameworks to deal with the decision-making problems with heterogeneous information. The paper proposes a framework for group decisionmaking problems with heterogeneous information with thermodynamical parameters consisting of three parts to achieving this goal. The first part builds the rectifications of criteria weights according to decision makers’ confidence in evaluations. The second part adopts thermodynamical parameters to measure the numerical values and the data distribution of heterogeneous information to characterize the heterogeneous information fully. The last part applies the TODIM (an acronym in Portuguese for Interactive and Multicriteria Decision Making) to aggregate the decision-making results based on the characterized heterogeneous information without transforming it into a unified form. By depicting decision makers’ different sensitive attitudes towards uncertainty by several mathematical expressions, experiments are performed to assess the sensitive attitudes’ impacts on decisionmaking results with the proposed framework. Finally, a case study on the selection of a green supplier under the low-carbon economy is provided to illustrate the flexibility and feasibility of the proposed framework

Multi-Objective and Multi-Attribute Optimisation for Sustainable Development Decision Aiding

Optimization is considered as a decision-making process for getting the most out of available resources for the best attainable results. Many real-world problems are multi-objective or multi-attribute problems that naturally involve several competing objectives that need to be optimized simultaneously, while respecting some constraints or involving selection among feasible discrete alternatives. In this Reprint of the Special Issue, 19 research papers co-authored by 88 researchers from 14 different countries explore aspects of multi-objective or multi-attribute modeling and optimization in crisp or uncertain environments by suggesting multiple-attribute decision-making (MADM) and multi-objective decision-making (MODM) approaches. The papers elaborate upon the approaches of state-of-the-art case studies in selected areas of applications related to sustainable development decision aiding in engineering and management, including construction, transportation, infrastructure development, production, and organization management

Clustering sustainable suppliers in the plastics industry: A fuzzy equivalence relation approach

Nowadays, pure economic supply chain management is not commonly contemplated among companies (especially buyers), as recently novel dimensions of supply chains, e.g., environmental, sustainability, and risk, play significant roles. In addition, since companies prefer buying their needs from a group of suppliers, the problem of supplier selection is not solely choosing or qualifying a supplier from among others. Buyers, hence, commonly assemble a portfolio of suppliers by looking at the multi-dimensional pre-determined selection criteria. Since sustainable supplier selection criteria are often assessed by linguistic terms, an appropriate clustering approach is required. This paper presents an innovative way to implement fuzzy equivalence relation to clustering sustainable suppliers through developing a comprehensive taxonomy of sustainable supplier selection criteria, including supply chain risk. Fifteen experts participated in this study to evaluate 20 suppliers and cluster them in the plastics industry. Findings reveal that the best partitioning occurs when the suppliers are divided into two clusters, with 4 (20%) and 16 (80%) suppliers, respectively. The four suppliers in cluster one are performing better in terms of the capability of supplier/delivery, service, risk, and sustainability criteria such as environment protection/management, and green innovation. These factors are critical in clustering and selecting sustainable suppliers. The originality of this study lies in developing an all-inclusive set of criteria for clustering sustainable suppliers and adding risk factors to the conventional supplier selection criteria. In addition to partitioning the suppliers and determining the best-performing ones, this study also highlights the most influential factors by analysing the suppliers in the best cluster

A review of Smart Contract Blockchain Based on Multi-Criteria Analysis: Challenges and Motivations

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific and practical applications. A smart contract is the central aspect of a blockchain that facilitates blockchain as a platform outside the cryptocurrency spectrum. The development of blockchain technology, with a focus on smart contracts, has advanced significantly in recent years. However research on the smart contract idea has weaknesses in the implementation sectors based on a decentralized network that shares an identical state. This paper extensively reviews smart contracts based on multi criteria analysis challenges and motivations. Therefore, implementing blockchain in multi-criteria research is required to increase the efficiency of interaction between users via supporting information exchange with high trust. Implementing blockchain in the multi-criteria analysis is necessary to increase the efficiency of interaction between users via supporting information exchange and with high confidence, detecting malfunctioning, helping users with performance issues, reaching a consensus, deploying distributed solutions and allocating plans, tasks and joint missions. The smart contract with decision-making performance, planning and execution improves the implementation based on efficiency, sustainability and management. Furthermore the uncertainty and supply chain performance lead to improved users confidence in offering new solutions in exchange for problems in smart contacts. Evaluation includes code analysis and performance while development performance can be under development.Comment: Revie

Analysis of industry 4.0 implementation in mobility sector: An integrated approach based on QFD, BWM, and stratified combined compromise solution under fuzzy environment

The role of new technologies in industrial and service sector is inevitable. Various sectors like transport / mobility have decided to remodel and redesign their infrastructures by implementing innovative devices and strategies. Transport / mobility sector is one of the most fast-growing industries which demands innovative solutions, however, it will be complex to derive optimal decision while one confront uncertain conditions and variables. In this paper, we develop a decision support system for technology adoption in transport / mobility division within the context of Industry 4.0 considering a case study in Spain. To find the adopted technology in this sector, several alternatives (options) and variables (criteria) should be assumed. We propose an integrated decision-making system including quality function deployment (QFD) and best-worst method (BWM) to find the importance weight of each criterion. After we apply the stratified Combined compromise solution (S-CoCoSo) to rate the alternatives and rank them under a multi-scenario perspective. The results will be analyzed through some sensitivity analysis actions. The novelty of our proposed decision support model contributes to the mobility sector and releases guidelines to managers and policy makers

Fuzzy Techniques for Decision Making 2018

Zadeh's fuzzy set theory incorporates the impreciseness of data and evaluations, by imputting the degrees by which each object belongs to a set. Its success fostered theories that codify the subjectivity, uncertainty, imprecision, or roughness of the evaluations. Their rationale is to produce new flexible methodologies in order to model a variety of concrete decision problems more realistically. This Special Issue garners contributions addressing novel tools, techniques and methodologies for decision making (inclusive of both individual and group, single- or multi-criteria decision making) in the context of these theories. It contains 38 research articles that contribute to a variety of setups that combine fuzziness, hesitancy, roughness, covering sets, and linguistic approaches. Their ranges vary from fundamental or technical to applied approaches

Three Decades of Fuzzy AHP: A Bibliometric Analysis

[EN] For decades, Fuzzy Sets Theory (FST) has been consistently developed, and its use has spread across multiple disciplines. In this process of knowledge transfer, fuzzy applications have experienced great diffusion. Among them, Fuzzy Analytic Hierarchy Process (fuzzy AHP) is one of the most widely used methodologies today. This study performs a systematic review following the PRISMA statement and addresses a bibliometric analysis of all articles published on fuzzy AHP in journals indexed in Web of Science, specifically in Science Citation Index Expanded (SCIE) and Social Science Citation Index (SSCI). The analyzed database includes 2086 articles published between 1994 and 2022. The results show the thematic clusters, the evolution of the academic conversation and the main collaboration networks. The main contribution of this article is to clarify the research agenda on fuzzy AHP. The results of the study allow academics to detect publication opportunities. In addition, the evidence found allows researchers and academics setting the field¿s agenda to advise the editors of high-impact journals on gaps and new research trends.Castello-Sirvent, F.; Meneses-Eraso, C.; Alonso-Gómez, J.; Peris-Ortiz, M. (2022). Three Decades of Fuzzy AHP: A Bibliometric Analysis. Axioms. 11(10):1-34. https://doi.org/10.3390/axioms11100525134111

Uncertain Multi-Criteria Optimization Problems

Most real-world search and optimization problems naturally involve multiple criteria as objectives. Generally, symmetry, asymmetry, and anti-symmetry are basic characteristics of binary relationships used when modeling optimization problems. Moreover, the notion of symmetry has appeared in many articles about uncertainty theories that are employed in multi-criteria problems. Different solutions may produce trade-offs (conflicting scenarios) among different objectives. A better solution with respect to one objective may compromise other objectives. There are various factors that need to be considered to address the problems in multidisciplinary research, which is critical for the overall sustainability of human development and activity. In this regard, in recent decades, decision-making theory has been the subject of intense research activities due to its wide applications in different areas. The decision-making theory approach has become an important means to provide real-time solutions to uncertainty problems. Theories such as probability theory, fuzzy set theory, type-2 fuzzy set theory, rough set, and uncertainty theory, available in the existing literature, deal with such uncertainties. Nevertheless, the uncertain multi-criteria characteristics in such problems have not yet been explored in depth, and there is much left to be achieved in this direction. Hence, different mathematical models of real-life multi-criteria optimization problems can be developed in various uncertain frameworks with special emphasis on optimization problems

Fuzzy Sets in Business Management, Finance, and Economics

This book collects fifteen papers published in s Special Issue of Mathematics titled “Fuzzy Sets in Business Management, Finance, and Economics”, which was published in 2021. These paper cover a wide range of different tools from Fuzzy Set Theory and applications in many areas of Business Management and other connected fields. Specifically, this book contains applications of such instruments as, among others, Fuzzy Set Qualitative Comparative Analysis, Neuro-Fuzzy Methods, the Forgotten Effects Algorithm, Expertons Theory, Fuzzy Markov Chains, Fuzzy Arithmetic, Decision Making with OWA Operators and Pythagorean Aggregation Operators, Fuzzy Pattern Recognition, and Intuitionistic Fuzzy Sets. The papers in this book tackle a wide variety of problems in areas such as strategic management, sustainable decisions by firms and public organisms, tourism management, accounting and auditing, macroeconomic modelling, the evaluation of public organizations and universities, and actuarial modelling. We hope that this book will be useful not only for business managers, public decision-makers, and researchers in the specific fields of business management, finance, and economics but also in the broader areas of soft mathematics in social sciences. Practitioners will find methods and ideas that could be fruitful in current management issues. Scholars will find novel developments that may inspire further applications in the social sciences