Stochastic multiple attribute decision making with Pythagorean hesitant fuzzy set based on regret theory.

The objective of this paper is to present an extended approach to address the stochastic multi-attribute decision-making problem. The novelty of this study is to consider the regret behavior of decision makers under a Pythagorean hesitant fuzzy environment. First, the group satisfaction degree of decision-making matrices is used to consider the different preferences of decision-makers.

TODIM-VIKOR method based on hybrid weighted distance under probabilistic uncertain linguistic information and its application in medical logistics center site selection.

At a time of global epidemic control, the location of the medical logistics distribution center (MLDC) has an important impact on the operation of the entire logistics system to reduce the operating costs of the company, enhance the service quality and effectively control the COVID-19 on the premise of increasing the company's profits. Thus, the research on the location of MLDC has important theoretical and practical application significance separately. Recently, the TODIM and VIKOR method has been used to solve multiple-attribute group decision-making (MAGDM) issues.

Multi-attribute decision-making method with triangular fuzzy numbers based on regret theory and the catastrophe progression method.

The purpose of this paper was to develop a novel triangular fuzzy method for multi-attribute decision-making to eliminate the influence of indicator weights on scheme selection and account for the regret psychology of decision-makers. Therefore, considering the consequences of regret aversion and subjective weighting, we propose a multi-attribute decision-making method with triangular fuzzy number based on regret theory and catastrophe progression. First, to eliminate the influence of various dimensions on the decision-making results, the decision matrix is described by a triangular fuzzy number, and the regret value matrix and rejoicing value matrix are independently constructed by applying regret theory.

Return connectedness among commodity and financial assets during the COVID-19 pandemic: Evidence from China and the US.

In this paper, we explore the dynamics of the return connectedness among major commodity assets (crude oil, gold and corn) and financial assets (stock, bond and currency) in China and the US during recent COVID-19 pandemic by using the time-varying connectedness measurement introduced by Antonakakis et al. (2020). Firstly, we find that the total return connectedness of the US commodity and financial assets is stronger than that of the Chinese commodity and financial assets in most cases, and both of them increase rapidly after the outbreak of COVID-19.

Entropy-Based GLDS Method for Social Capital Selection of a PPP Project with q-Rung Orthopair Fuzzy Information.

The social capital selection of a public-private-partnership (PPP) project could be regarded as a classical multiple attribute group decision-making (MAGDM) issue. In this paper, based on the traditional gained and lost dominance score (GLDS) method, the q-rung orthopair fuzzy entropy-based GLDS method was used to solve MAGDM problems. First, some basic theories related to the q-rung orthopair fuzzy sets (q-ROFSs) are briefly reviewed.

Infectious disease pandemic and permanent volatility of international stock markets: A long-term perspective.

Understanding the impact of infectious disease pandemic on stock market volatility is of great concerns for investors and policy makers, especially during recent new coronavirus spreading period. Using an extended GARCH-MIDAS model and a newly developed Infectious Disease Equity Market Volatility Tracker (EMV-ID), we investigate the effects of infectious disease pandemic on volatility of US, China, UK and Japan stock markets through January 2005 to April 2020. The empirical results show that, up to 24-month lag, infectious disease pandemic has significant positive impacts on the permanent volatility of international stock markets, even after controlling the influences of past realized volatility, global economic policy uncertainty and the volatility leverage effect.

Cumulative Prospect Theory: Performance Evaluation of Government Purchases of Home-Based Elderly-Care Services Using the Pythagorean 2-tuple Linguistic TODIM Method.

The aging trend of China's population is increasing, and the pension problem is becoming increasingly prominent. The pension mode provided by the government alone can no longer meet the social demand, and the government's purchase of home-based care services from social organizations has become a new trend. In order to improve the efficiency and quality of pension services, a reasonable performance evaluation model needs to be established.

Some Interval-Valued Intuitionistic Fuzzy Dombi Heronian Mean Operators and their Application for Evaluating the Ecological Value of Forest Ecological Tourism Demonstration Areas.

With China's sustained economic development and constant increase in national income, Chinese nationals' tourism consumption rate increases. As a major Chinese economic development engine, the domestic tourism industry has entered a transition period operation pattern featured by diversified products. Among them, as a new hot spot of the tourism industry in China, ecological tourism has enjoyed rapid development, with great potential.

VIKOR Method for MAGDM Based on Q-Rung Interval-Valued Orthopair Fuzzy Information and Its Application to Supplier Selection of Medical Consumption Products.

The VIKOR model has been considered a viable tool for many decision-making applications in the past few years, given the advantages of considering the compromise between maximizing the utility of group and minimizing personal regrets. The q-rung interval-valued orthopair fuzzy set (q-RIVOFS) is a generalization of intuitionistic fuzzy set (IFS) and Pythagorean fuzzy set (PFS) and has emerged to solve more complex and uncertain decision making problems which IFS and PFS cannot handle. In this manuscript, the key innovation is to combine the traditional VIKOR model with q-RIVOFS to develop the q-rung interval-valued orthopair fuzzy VIKOR model.

Supplier Selection of Medical Consumption Products with a Probabilistic Linguistic MABAC Method.

In order to obtain an optimal medical consumption product supplier, the integration of combined weights and multi-attributive border approximation area comparison (MABAC) under probabilistic linguistic sets (PLTSs) has offered a novel integrated model in which the CRiteria Importance Through Intercriteria Correlation (CRITIC) method is employed for calculating the objective weights of various attributes and the MABAC method with PLTSs is used to acquire the final ranking result of a medical consumption product supplier. Additionally, so as to indicate the applicability of the devised method, this model is confirmed by a numerical case for the supplier selection of medical consumption products. Some comparative studies are made with some existing methods.

Pythagorean 2-Tuple Linguistic Taxonomy Method for Supplier Selection in Medical Instrument Industries.

Supplier selection in medical instrument industries is a classical multiple attribute group decision making (MAGDM) problem. The Pythagorean 2-tuple linguistic sets (P2TLSs) can reflect uncertain or fuzzy information well and solve the supplier selection in medical instrument industries, and the original Taxonomy is very appropriate for comparing different alternatives with respect to their advantages from studied attributes. In this study, we present an algorithm that combines Pythagorean 2-tuple linguistic numbers (P2TLNs) with the Taxonomy method, where P2TLNs are applied to express the evaluation of decision makers on alternatives.