Hesitant fuzzy linguistic preference relation (HFLPR) is of interest because
it provides an efficient way for opinion expression under uncertainty. For
enhancing the theory of decision making with HFLPR, the paper introduces an
algorithm for group decision making with HFLPRs based on the acceptable
consistency and consensus measurements, which involves (1) defining a hesitant
fuzzy linguistic geometric consistency index (HFLGCI) and proposing a procedure
for consistency checking and inconsistency improving for HFLPR; (2) measuring
the group consensus based on the similarity between the original individual
HFLPRs and the overall perfect HFLPR, then establishing a procedure for
consensus ensuring including the determination of decision-makers weights. The
convergence and monotonicity of the proposed two procedures have been proved.
Some experiments are furtherly performed to investigate the critical values of
the defined HFLGCI, and comparative analyses are conducted to show the
effectiveness of the proposed algorithm. A case concerning the performance
evaluation of venture capital guiding funds is given to illustrate the
availability of the proposed algorithm. As an application of our work, an
online decision-making portal is finally provided for decision-makers to
utilize the proposed algorithms to solve decision-making problems.Comment: Pulished by Expert Systems with Applications (ISSN: 0957-4174
