Abstract

In this paper a new decision-making method was proposed by relying on the powerful fuzzy information expression ability of Vague set and the practicability of TOPSIS method and grey correlation method on the aspect of multi-attribute decision-making problems. Such new decision-making method based on the integrated TOPSIS method and grey correlation method of Vague set meets not only the decision-making requirements on the accuracy depicted by uncertain fuzzy information and the flexibility of disposal, but also meets the requirements of making comprehensive evaluation on the goodness and badness of decision-making scheme; it represents synchronously the dual-benchmark characteristics of position and shape similarity, and thereby provides a new thinking for the multi-attribute decision-making problems. Lastly, the paper took the selection of target enterprise under merger and acquisition as the analysis basis to describe the effectiveness and feasibility of the decision-making method.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.