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Public-Private Partnership Decision Making Based on Correlation Coefficients of Single-Valued Neutrosophic Hesitant Fuzzy Sets

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Public-private partnership (PPP) is regarded as an innovative way to the procurement of public projects. Models vary with PPP projects due to their differences. The evaluation criteria are usually complex… Click to show full abstract

Public-private partnership (PPP) is regarded as an innovative way to the procurement of public projects. Models vary with PPP projects due to their differences. The evaluation criteria are usually complex and the judgments offered by decision makers (DMs) show the characteristics of fuzziness and uncertainty. Considering these cases, this paper first analyses the risk factors for PPP models and then proposes a new method for selecting them in the setting of single-valued neutrosophic hesitant fuzzy environment. To achieve these purposes, two single-valued neutrosophic hesitant fuzzy correlation coefficients are defined to measure evaluated PPP models. Considering the weights of the risk factors and their interactions, two single-valued neutrosophic hesitant fuzzy 2-additive Shapley weighted correlation coefficients are defined. When the 2-additive measure on the risk factor set is not exactly known, several distance measure-based programming models are constructed to determine it. Based on these results, an algorithm for evaluating PPP models with single-valued neutrosophic hesitant fuzzy information is developed. Finally, a practical numerical example is provided to verify the validity and feasibility of the new method.

Keywords: neutrosophic hesitant; hesitant fuzzy; valued neutrosophic; single valued; correlation coefficients

Journal Title: Informatica
Year Published: 2020

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