Abstract
The multiple attribute group decision making (MAGDM) has always been a concern in the research field. In this article, we establish the interval neutrosophic TODIM method based on cumulative prospect theory (CPT-IN-TODIM) for MAGDM issue. This new developed CPTIN-TODIM method has markedly superiority in describing decision maker’s psychological states, which utilizes the weight function to adjust weighting attributes distinguishing from the classical TODIM method. Then, this new developed method has been applied to select the third-party logistics service providers and been expound on the disparity with existing methods. Finally, the results of contrastive analysis indicate that this new developed method can lead to the appropriate conclusion and sticks out the differences between alternatives to provide clearer direction. Hence, the new developed CPT-IN-TODIM method is reliable and valid.
Highlights
Both multiple attribute decision making (MADM) and multiple attribute group decision making (MAGDM) (Kim et al, 1999; Liao et al, 2021; Xu & Chen, 2007; Zhao et al, 2021b) refer to the process of selecting the optimal alternative among several alternatives, and these alternatives involve multiple identical attributes (Chen et al, 2012; Lei et al, 2021; Wei et al, 2021)
This paper aims to establish the interval neutrosophic TODIM based on cumulative prospect theory (CPT-IN-TODIM) method for selecting the cold chain logistics service providers
We demonstrate the developed interval neutrosophic TODIM method based on cumulative prospect theory more detail in third part
Summary
Both multiple attribute decision making (MADM) and multiple attribute group decision making (MAGDM) (Kim et al, 1999; Liao et al, 2021; Xu & Chen, 2007; Zhao et al, 2021b) refer to the process of selecting the optimal alternative among several alternatives, and these alternatives involve multiple identical attributes (Chen et al, 2012; Lei et al, 2021; Wei et al, 2021). The uncertainty of environment makes it difficult to describe the attribute D. Zhang et al CPT-TODIM method for interval neutrosophic MAGDM and its application. Wang et al (2010) defined single-valued neutrosophic set (SVNS). Wang et al (2005) designed the interval neutrosophic set (INS). Wang (2020) proposed a new interval neutrosophic MADM method taking example by the projection model. Fan et al (2021) developed interval-valued neutrosophic TODIM method for risk assessment. Pramanik et al (2017) constructed neutrosophic cubic TODIM method. Pramanik et al (2018) considered to establish the VIKOR model under neutrosophic cubic environment. Pramanik et al (2016) created bipolar neutrosophic TODIM method. A series of aggregation operators about SVNS and INS are put forward by Garg and Nancy (2020) and in their mind, both objective factor and subjective factor are considered concurrently. Wang (2020) proposed a new interval neutrosophic MADM method taking example by the projection model. Awang et al (2020) proposed the interval neutrosophic Shapley normalized weighted BM operator. Fan et al (2021) developed interval-valued neutrosophic TODIM method for risk assessment. Pramanik et al (2017) constructed neutrosophic cubic TODIM method. Pramanik et al (2018) considered to establish the VIKOR model under neutrosophic cubic environment. Pramanik et al (2016) created bipolar neutrosophic TODIM method. Pramanik and Mallick (2019) investigated the feasibility of building TODIM model with trapezoidal neutrosophic number
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