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Article type: Research Article
Authors: Zhang, Niana; * | Pan, Qiana | Wei, Guiwub
Affiliations: [a] School of Economics and Management, Chongqing University of Posts and Telecommunications, Chongqing, P.R. China | [b] School of Business, Sichuan Normal University, Chengdu, People’s Republic of China
Correspondence: [*] Corresponding author. Nian Zhang, School of Economics and Management, Chongqing University of Posts and Telecommunications, Chongqing, 400065, P.R. China. E-mail: chinazhangnian@163.com.
Abstract: In order to effectively solve the decision-making problems with the diversity of evaluation information, the dynamics of research objects, the limitations of subjective authorization, and the irrational behavior of decision-makers, this paper extends catastrophe progression method to solve hybrid multiple attribute decision-making problems based on regret theory. Firstly, some basic theories are introduced. Secondly, the original catastrophe progression method is extended by using the regret theory, which is employed to solve the multiple attribute decision-making problems with hybrid evaluation information. Finally, a real-life case study of selecting a fresh cold chain logistics service provider is used to verify the practicality and effectiveness of the proposed method, and a comparative analysis with the TOPSIS method and the sensitivity of the regret avoidance coefficient is analyzed in this article.
Keywords: Regret theory, catastrophe progression, hybrid multi-attribute decision-making
DOI: 10.3233/JIFS-210515
Journal: Journal of Intelligent & Fuzzy Systems, vol. 41, no. 6, pp. 6641-6654, 2021
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