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Pythagorean Membership Grade Aggregation Operators: Application in Financial knowledge

Author

Listed:
  • Fabio Blanco-Mesa

    (Facultad de Ciencias Econόmicas y Administrativas, Escuela de Administraciόn de Empresas, Universidad Pedagόgica y Tecnolόgica de Colombia, Av. Central del Norte, 39-115, Tunja 150001, Colombia)

  • Ernesto León-Castro

    (Facultad de Ciencias Administrativas y Sociales, Universidad Autonoma de Baja California, Boulevard Zertuche y Boulevard de los Lagos S/N Fracc, Valle Dorado, Ensenada 22890, Baja California, Mexico
    Facultad de Ciencias Econόmicas y Administrativas, Escuela de Administraciόn de Empresas, Universidad Católica de la Santísima Concepción, Alonso de Ribera 2850, Concepción, Chile)

  • Jorge Romero-Muñoz

    (Facultad de Ciencias Econόmicas y Administrativas, Escuela de Administraciόn de Empresas, Universidad Pedagόgica y Tecnolόgica de Colombia, Av. Central del Norte, 39-115, Tunja 150001, Colombia)

Abstract

This paper presents the Pythagorean membership grade induced ordered weighted moving average (PMGIOWMA) operator with some particular cases and theorems. The main advantage of this new operator is that can include the knowledge, expectation, and aptitude of the decision maker into the Pythagorean membership function by using a weighting vector and induced variables. An application in financial knowledge based on a survey conducted in 13 provinces in Boyacá, Colombia, is presented.

Suggested Citation

  • Fabio Blanco-Mesa & Ernesto León-Castro & Jorge Romero-Muñoz, 2021. "Pythagorean Membership Grade Aggregation Operators: Application in Financial knowledge," Mathematics, MDPI, vol. 9(17), pages 1-15, September.
  • Handle: RePEc:gam:jmathe:v:9:y:2021:i:17:p:2136-:d:627768
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    References listed on IDEAS

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    10. Shouzhen Zeng & Jianping Chen & Xingsen Li, 2016. "A Hybrid Method for Pythagorean Fuzzy Multiple-Criteria Decision Making," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 15(02), pages 403-422, March.
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    Cited by:

    1. Victor G. Alfaro-Garcia & Fabio Blanco-Mesa & Ernesto León-Castro & Jose M. Merigo, 2022. "Bonferroni Weighted Logarithmic Averaging Distance Operator Applied to Investment Selection Decision Making," Mathematics, MDPI, vol. 10(12), pages 1-13, June.

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