DocumentCode
2845095
Title
Approach of determining interval entropy weight based on the subjective preference of decision-maker and its application
Author
Zhou Rongxi ; Xu Jianrong ; Dayi, He
Author_Institution
Sch. of Econ. & Manage., Beijing Univ. of Chem. Technol., Beijing, China
fYear
2009
fDate
17-19 June 2009
Firstpage
5939
Lastpage
5942
Abstract
For an uncertain decision process, how to combine the subjective preference of decision maker with objective information is a very significant issue. This paper introduces the measure of decision-maker´s optimism to describe the situation of the interval number in uncertain multiple attribute decision-making. Based on the method of determining interval entropy weight, the optimization model which can reflect the measure of decision maker´s optimism and make full advantage of existing objective information is developed. Then a new method of decision in interval entropy weight is given on the basis of the subjective preference of decision-maker and objective information. Finally, the example of risk decision for the development of the aerospace project is presented to show the feasibility and effectiveness of this method.
Keywords
decision making; optimisation; risk management; decision making; interval entropy weight; multiple attribute decision-making; optimization model; risk decision; Chemical technology; Decision making; Entropy; Geology; Helium; Open wireless architecture; Optimization methods; Project management; Risk management; Technology management; development of aerospace project; interval entropy weight; measure of optimism; multiple attribute decision-making; risk decision;
fLanguage
English
Publisher
ieee
Conference_Titel
Control and Decision Conference, 2009. CCDC '09. Chinese
Conference_Location
Guilin
Print_ISBN
978-1-4244-2722-2
Electronic_ISBN
978-1-4244-2723-9
Type
conf
DOI
10.1109/CCDC.2009.5195264
Filename
5195264
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