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A Multiattribute Group Decision-Making Method With Probabilistic Linguistic Information Based on an Adaptive Consensus Reaching Model and Evidential Reasoning

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This article proposes a new multiattribute group decision-making (MAGDM) method with probabilistic linguistic information that considers the following three aspects: an allocation of ignorance information, a realization of group consensus,… Click to show full abstract

This article proposes a new multiattribute group decision-making (MAGDM) method with probabilistic linguistic information that considers the following three aspects: an allocation of ignorance information, a realization of group consensus, and an aggregation of assessments. To allocate ignorance information, an optimization model based on minimizing the distances among experts is developed. To measure the consensus degree, a consensus index that considers the information granules of linguistic terms (LTs) is defined. On this basis, a suitable optimization model is established to realize the group consensus adaptively by optimizing the allocation of information granules of LTs with the particle swarm optimization (PSO) algorithm. With an objective to reduce the information loss during aggregation phases, the process of generating comprehensive assessments of alternatives with the evidential reasoning (ER) algorithm is presented. Therefore, a new method is developed based on the adaptive consensus reaching (ACR) model and the ER algorithm. Finally, the applicability of the proposed method is demonstrated by solving a selection problem of a financial technology company. Comparative analyses are conducted to show the advantages of the proposed method.

Keywords: information; consensus; multiattribute group; group decision; model

Journal Title: IEEE Transactions on Cybernetics
Year Published: 2022

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