Multi-Criteria Decision Making Methods and Fuzzy Sets

Kahraman, Cengiz

doi:10.1007/978-0-387-76813-7_1

Cited by 118 publications

(100 citation statements)

References 37 publications

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“…Since the evaluation criteria could be arrayed into a hierarchy, we conduct an AHP-fuzzy TOPSIS approach in evaluating the LTC programmes. This approach extends the fuzzy TOPSIS method to a hierarchical one and has been conducted by many researchers, also named as hierarchical fuzzy TOPSIS method [31][32][33]. This method inherits the hierarchy mechanism of AHP method and provides greater superiority to classical fuzzy TOPSIS methods [34,35].…”

Section: Literature Reviewmentioning

confidence: 99%

Evaluating the Sustainability of Community-Based Long-Term Care Programmes: A Hybrid Multi-Criteria Decision Making Approach

et al. 2016

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Sustainability is a crucial factor in Long-Term Care (LTC) programmes, which implies whether the programmes have the capability of sustaining a quality service over the long term. To evaluate the sustainability of community-based LTC programmes, a novel hybrid framework has been demonstrated with a mixed Multi-Criteria Decision Making (MCDM) technique. According to extensive literature review and the fuzzy Delphi method, four pillars of initial criteria and twelve sub-criteria have been determined. Then a weighted hierarchy has been constructed with Analytic Hierarchy Process (AHP) to constitute the evaluation index system. In order to prove our framework, a case study of four community-based LTC programmes in Michigan is presented by applying the fuzzy technique for order preference by similarity to an ideal solution (TOPSIS) method. The results indicate that programme P2 has the best potential of sustainability, and sub-criteria associated with economy outweigh other sub-criteria. The sensitivity analysis verifies that the result of the ranking remains stable regardless of the fluctuation in sub-criteria weights, which proves the evaluation results and proposed model to be accurate and effective. This study develops a comprehensive and effective framework for evaluating community-based LTC programmes from the sustainability perspective.

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Section: Literature Reviewmentioning

confidence: 99%

Evaluating the Sustainability of Community-Based Long-Term Care Programmes: A Hybrid Multi-Criteria Decision Making Approach

et al. 2016

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“…In contrast, fuzzy sets have more flexible membership requirements that allow for partial membership in a set. Everything is a matter of degree, and exact reasoning is viewed as a limiting case of approximate reasoning [16]. We can easily use fuzzy with Matlab™ fuzzy toolbox.…”

Section: Fuzzy Modelmentioning

confidence: 99%

Intelligent Building Management Systems by Using Hardware Multi Agents: Fuzzy Approach

Naji¹,

Meybodi²,

Moghaddam³

2011

IJCA

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Growing needs of humanity have forced him to use modern technology in all aspects of his life. Intelligent buildings are one of these modern technologies that have great advantages for people. These buildings include a set of integrated and dynamic systems to manage the allocation of resources and facilitate the residents' lives. In this context and due to high speed, reliability and better respond to environmental changes, we simulate such environment using multi agents with fuzzy approach. To do this, we use Matlab and its fuzzy toolbox. The results shows that parallel processing nature in this kind of multi agents improve the speedup of the system.

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“…The weights for indicators emphasize the feasibility of using a decision making approach in manipulating expert experiences and judgments help the authors understand the severity of health related problems among chronic kidney disease patients. Kabassi [8] applied FSAW in her study for evaluating a personalized geographical information system. FSAW was chosen because the evaluation of software involves several criteria and therefore, can be considered as a multi-criteria problem.…”

Section: Introductionmentioning

confidence: 99%

FSAW for REIT selection in multi-criteria decision making

Adawiyah¹,

Abdullah²

2014

AIP Conference Proceedings

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Abstract. Real Estate Investment Trust (REIT) is profitable investments that gain Malaysian investors' attention. It can be a great way to increase our net worth. Due to the existence of many property trusts, investors face difficulties in determining the best property trusts to invest their wealth. This high risk investment makes investors cautious in choosing the platform for investing their wealth. In real world situation, the data collected are inexact and ambiguous. Investment reminds investors to beware because it carries risk no matter low or high. There are lots of things that investors need to consider before invest in any property or trust. The aim of this paper is to identify the best criteria of REIT and determine the best property trust that helps investors gain profits in their investment. Four experts in areas of investment are randomly selected to assess and provide information regarding to Malaysia's REITs. Decision makers were asked to rate the criteria for every alternatives by using the linguistic variables. The five linguistic variables were used as input data to test fuzzy simple additive weighting (FSAW) model. From the study conducted, transparency indicates the necessary criteria for each property trust. This decision making model used to be possible to test FSAW model in investment sector. The decision makers also asked to evaluate the alternatives based on the linguistic ranking variables to rank the alternatives and the result shows the best alternative in this case is Amanah Harta Tanah PNB. The ranking signifies the impact of the criterion and alternatives to investors especially REITs investors.

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Multi-Criteria Decision Making Methods and Fuzzy Sets

Cited by 118 publications

References 37 publications

Evaluating the Sustainability of Community-Based Long-Term Care Programmes: A Hybrid Multi-Criteria Decision Making Approach

Evaluating the Sustainability of Community-Based Long-Term Care Programmes: A Hybrid Multi-Criteria Decision Making Approach

Intelligent Building Management Systems by Using Hardware Multi Agents: Fuzzy Approach

FSAW for REIT selection in multi-criteria decision making

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