Application of catastrophe progression method on hybrid multiple attribute decision-making problems based on regret theory

Abstract

In order to effectively solve the decision-making problems with the diversity of evaluation information, the dynamics of research objects, the limitations of subjective authorization, and the irrational behavior of decision-makers, this paper extends catastrophe progression method to solve hybrid multiple attribute decision-making problems based on regret theory. Firstly, some basic theories are introduced. Secondly, the original catastrophe progression method is extended by using the regret theory, which is employed to solve the multiple attribute decision-making problems with hybrid evaluation information. Finally, a real-life case study of selecting a fresh cold chain logistics service provider is used to verify the practicality and effectiveness of the proposed method, and a comparative analysis with the TOPSIS method and the sensitivity of the regret avoidance coefficient is analyzed in this article.