Abstract

Epidemics can bring huge impacts to economic operation and human health, a practical and effective emergency decision-making (EDM) method is of great significance to reduce all kinds of losses and slow the spread of epidemics. In the process of EDM, decision information is usually uncertain and vague, and the psychological behaviors and various perspectives of decision makers (DMs) should be considered. Hence, this paper develops a group emergency decision-making (GEDM) method under risk based on the probabilistic hesitant fuzzy set (PHFS) and cumulative prospect theory (CPT), in which probabilistic hesitant fuzzy prospect set (PHFPS) that combines PHFS and CPT is developed to portray the vagueness of decision information and psychologies of DMs. Moreover, experts’ creditability in evaluation criteria is generally different because of the differences of their own knowledge structures, practical experience, individual preference and so on. A formula is proposed to measure the quality of decision information provided by experts for revising the expert weights. In addition, the evaluation criteria supporting the GEDM of epidemics are given. Finally, the proposed method is demonstrated by an empirical case study of COVID-19, and the comparison analysis based on the rank-biased overlap model and the sensitivity analysis are conducted to the illustrate the validity of the proposed method.

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