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Variable Weight Decision Making and Balance Function Analysis Based on Factor Space

Author

Listed:
  • Wenyi Zeng

    (College of Information Science and Technology, Beijing Normal University, Beijing 100875, P. R. China)

  • Deqing Li

    (Department of Mathematics, Shijiazhuang, Mechanical Engineering College, Shijiazhuang 050003, P. R. China)

  • Peizhuang Wang

    (College of Intelligence Engineering and Mathematics, Liaoning Engineering and Technology University, Fuxin 123000, P. R. China)

Abstract

In this paper, we introduce the summing-type and multiplying-type decomposable balance function, discuss their properties in detail, and investigate the effectiveness of the balance function for the orness measure of variable weight vector and for the factor weights. These results will be used to provide some principles for selecting the balance function in decision making and support systems.

Suggested Citation

  • Wenyi Zeng & Deqing Li & Peizhuang Wang, 2016. "Variable Weight Decision Making and Balance Function Analysis Based on Factor Space," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 15(05), pages 999-1014, September.
    • Handle: RePEc:wsi:ijitdm:v:15:y:2016:i:05:n:s021962201650022x
    DOI: 10.1142/S021962201650022X
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    References listed on IDEAS

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    1. Gang Kou & Yanqun Lu & Yi Peng & Yong Shi, 2012. "Evaluation Of Classification Algorithms Using Mcdm And Rank Correlation," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 197-225.
    2. Huang, Yeu-Shiang & Chang, Wei-Chen & Li, Wei-Hao & Lin, Zu-Liang, 2013. "Aggregation of utility-based individual preferences for group decision-making," European Journal of Operational Research, Elsevier, vol. 229(2), pages 462-469.
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    Cited by:

    1. Zheng, Xiao-Xue & Li, Deng-Feng & Liu, Zhi & Jia, Fu & Sheu, Jiuh-Biing, 2019. "Coordinating a closed-loop supply chain with fairness concerns through variable-weighted Shapley values," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 126(C), pages 227-253.

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