IDEAS home Printed from https://ideas.repec.org/a/fzy/fuzeco/vxiy2006i1p57-67.html
   My bibliography  Save this article

Modeling Imprecision And Subjectiveness For The Multiattribute Decisions

Author

Listed:
  • Luban, Florica

    (Academy of Economic Studies Bucharest)

Abstract

In the paper it is shown how fuzzy set theory can be used for modeling imprecision and subjectiveness of the problems with a finite number of decision alternatives evaluated with respect to multiple criteria or attributes. The imprecision and subjectiveness appear especially when the decision maker has to assess the importance coefficients for the criteria and the performances for the alternatives. In the proposed procedure, the subjective appreciations of the decision maker are modeled using the linguistic values represented by fuzzy numbers. Finally, an application to the evaluation of some radioactive waste storage alternatives is presented. Although, in this paper, fuzzy models are used for representing the imprecision and subjectiveness of the decision problems, the fuzzy models can be seen as essential tools in generating new knowledge by experiments with these models. Through such knowledge, decision makers could better understand the impact of alternative decisions on economic performance, resource use and environmental quality.

Suggested Citation

  • Luban, Florica, 2006. "Modeling Imprecision And Subjectiveness For The Multiattribute Decisions," Fuzzy Economic Review, International Association for Fuzzy-set Management and Economy (SIGEF), vol. 0(1), pages 57-67, May.
    • Handle: RePEc:fzy:fuzeco:v:xi:y:2006:i:1:p:57-67
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    multiattribute decisions; linguistic variables; fuzzy numbers;
    All these keywords.

    JEL classification:

    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fzy:fuzeco:v:xi:y:2006:i:1:p:57-67. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aurelio Fernandez (email available below). General contact details of provider: https://edirc.repec.org/data/sigefea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.