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Three-way decisions based multi-attribute decision making with probabilistic dominance relations. (English) Zbl 1489.91087

Summary: Multi-attribute decision making (MADM) refers to a decision problem of choosing the best alternative or carrying out the ranking of alternatives under multiple attributes, and it is a key component of modern decision sciences. Three-way decisions (3WD) can effectively address MADM problems by reducing decision risks compared with traditional two-way decisions (2WD), and a decision model based on probabilistic dominance relations is presented in this paper. Particularly, we put forward a kind of 3WD-based MADM (3WD-MADM) with probabilistic dominance relations, where the two state sets are developed by virtue of probabilistic dominance classes. Afterwards, the independent innovation ability of high-tech enterprises is evaluated by using the proposed new method. At last, the newly proposed 3WD-MADM model in this paper is verified from different perspectives by comparative and experimental analyses.

MSC:

91B06 Decision theory
90B50 Management decision making, including multiple objectives
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