KOPS - The Institutional Repository of the University of Konstanz

Multiple attribute decision making with multiple formats of attribute aspirations : a method based on prospect theory

Aufgrund von Vorbereitungen auf eine neue Version von KOPS, können kommenden Montag und Dienstag keine Publikationen eingereicht werden. (Due to preparations for a new version of KOPS, no publications can be submitted next Monday and Tuesday.)

Multiple attribute decision making with multiple formats of attribute aspirations : a method based on prospect theory

Cite This

Files in this item

Files Size Format View

There are no files associated with this item.

FAN, Zhi-Ping, Xiao ZHANG, Yan-Ru ZHAO, Fadong CHEN, 2013. Multiple attribute decision making with multiple formats of attribute aspirations : a method based on prospect theory. In: International Journal of Information Technology & Decision Making. 12(04), pp. 711-727. ISSN 0219-6220. eISSN 1793-6845. Available under: doi: 10.1142/S0219622013500260

@article{Fan2013-07Multi-42467, title={Multiple attribute decision making with multiple formats of attribute aspirations : a method based on prospect theory}, year={2013}, doi={10.1142/S0219622013500260}, number={04}, volume={12}, issn={0219-6220}, journal={International Journal of Information Technology & Decision Making}, pages={711--727}, author={Fan, Zhi-Ping and Zhang, Xiao and Zhao, Yan-Ru and Chen, Fadong} }

<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/42467"> <dcterms:issued>2013-07</dcterms:issued> <dcterms:abstract xml:lang="eng">In this paper, a method based on prospect theory is proposed to solve the multiple attribute decision making (MADM) problem with three formats of attribute aspirations. According to the idea of prospect theory, reference points concerning attributes are first determined. Then, for the three formats of attribute aspirations, the calculation formulae of alternatives' gains/losses concerning attributes are given. By calculating each alternative's gain/loss, a gain–loss matrix is constructed. Further, using the value function from prospect theory and the simple additive weighting method, the overall prospect value of each alternative is calculated. Based on the obtained overall prospect values, a ranking of alternatives can be determined. Finally, a case study is given to illustrate the use of the proposed method.</dcterms:abstract> <dc:contributor>Chen, Fadong</dc:contributor> <dc:contributor>Zhao, Yan-Ru</dc:contributor> <bibo:uri rdf:resource="https://kops.uni-konstanz.de/handle/123456789/42467"/> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2018-05-30T08:38:50Z</dcterms:available> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dc:language>eng</dc:language> <dcterms:title>Multiple attribute decision making with multiple formats of attribute aspirations : a method based on prospect theory</dcterms:title> <dc:contributor>Zhang, Xiao</dc:contributor> <dc:creator>Fan, Zhi-Ping</dc:creator> <dc:contributor>Fan, Zhi-Ping</dc:contributor> <dc:creator>Zhang, Xiao</dc:creator> <dc:creator>Zhao, Yan-Ru</dc:creator> <dc:creator>Chen, Fadong</dc:creator> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2018-05-30T08:38:50Z</dc:date> </rdf:Description> </rdf:RDF>

This item appears in the following Collection(s)

Search KOPS


Browse

My Account