A novel decision-making method using R-Norm concept and VIKOR approach under picture fuzzy environment

Abstract

The Picture Fuzzy Sets (PFS) are well suitable to capture inconsistent, imprecise and uncertain information in multiple-criteria decision-making problems. This communication is intended to introduce one such information measure defined on PFSs called R-norm picture fuzzy information measure. Moreover, a new set of axioms is proposed as a criteria for picture fuzzy entropy. Besides establishing the validity of proposed R-norm picture fuzzy information measure, some of its major properties are also discussed. In application part, the proposed information measure is applied in predicting the outcome of elections in a poll bound country through opinion polls and to solve an investment problem.