Approach-oriented and avoidance-oriented measures under complex Pythagorean fuzzy information and an area-based model to multiple criteria decision-aiding systems
Affiliations: Department of Industrial and Business Management, Graduate Institute of Business and Management, Chang Gung University, Taiwan
Correspondence:
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Corresponding author. Ting-Yu Chen, Department of Industrial and Business Management, Graduate Institute of Business and Management, Chang Gung University, No. 259, Wenhua 1st Road, Guishan District, Taoyuan City 33302, Taiwan. Tel.: +886 3 2118800 ext. 5678; Fax: +886 3 2118500; E-mail: tychen@mail.cgu.edu.tw.
Abstract: The purpose of this paper is to evolve a novel area-based Pythagorean fuzzy decision model via an approach-oriented measure and an avoidance-oriented measure in support of multiple criteria decision analysis involving intricate uncertainty of Pythagorean fuzziness. Pythagorean membership grades embedded in a Pythagorean fuzzy set is featured by tensible functions of membership, non-membership, indeterminacy, strength, and direction, which delivers flexibility and adaptability in manipulating higher-order uncertainties. However, a well-defined ordered structure is never popular in real-life issues, seldom seen in Pythagorean fuzzy circumstances. Consider that point operators can make a systematic allocation of the indeterminacy composition contained in Pythagorean fuzzy information. This paper exploits the codomains of the point operations (i.e., the quantities that express the extents of point operators) to launch new measurements of approach orientation and avoidance orientation for performance ratings. This paper employs such measurements to develop an area-based performance index and an area-based comprehensive index for conducting a decision analysis. The applications and comparative analyses of the advanced area-based approach to some decision-making problems concerning sustainable recycling partner selection, company investment decisions, stock investment decisions, and working capital financing decisions give support to methodological advantages and practical effectiveness.
