Title :
Research on grey multi-attribute risk group decision-making method
Author :
Dang, Luo ; Ling, Zhou ; Shuai, Sheng
Author_Institution :
North China Univ. of Conservancy & Hydroelectric Power, Zhengzhou
Abstract :
The problem of grey multi-attribute group decision making under risk, in which the attributes are interval grey number and the attribute weights are unknown is studied. Based on the ideal matrix, relative subordinate degree method is presented. Combining thoughts and method of grey system theory with classical risk decision-making method, the attribute of each alternative is obtained by grey relation degree. Then the relative subordinate degree in which an alternative corresponds to the ideal matrix is obtained by means of the synthetically weighted distance among the alternative and positive and the negative matrix. An example illustrates the validity and efficiency of this method.
Keywords :
decision making; decision theory; grey systems; group theory; matrix algebra; risk analysis; grey system theory; ideal matrix; interval grey number; multiattribute risk group decision making method; relative subordinate degree method; Decision making; Intelligent systems; Project management; Random variables; Risk management; Sorting;
Conference_Titel :
Grey Systems and Intelligent Services, 2007. GSIS 2007. IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-1294-5
Electronic_ISBN :
978-1-4244-1294-5
DOI :
10.1109/GSIS.2007.4443375