The optimization ordering model for intuitionistic fuzzy preference relations with utility functions

Abstract

Intuitionistic fuzzy sets describe information from the three aspects of membership degree, non-membership degree and hesitation degree, which has more practical significance when uncertainty pervades qualitative decision problems. In this paper, we investigate the problem of ranking intuitionistic fuzzy preference relations (IFPRs) based on various non-linear utility functions. First, we transform IFPRs into their isomorphic interval-value fuzzy preference relations (IVFPRs), and utilise non-linear utility functions, such as parabolic, S-shaped, and hyperbolic absolute risk aversion, to fit the true value of a decision-maker’s judgement. Ultimately, the optimization ordering models for the membership and non-membership of IVFPRs based on utility function are constructed, with objective function aiming at minimizing the distance deviation between the multiplicative consistency ideal judgment and the actual judgment, represented by utility function, subject to the decision-maker’s utility constraints. The proposed models ensure that more factual and optimal ranking of alternative is acquired, avoiding information distortion caused by the operations of intervals. Second, by introducing a non-Archimedean infinitesimal, we establish the optimization ordering model for IFPRs with the priority of utility or deviation, which realises the goal of prioritising solutions under multi-objective programming. Subsequently, we verify that a close connection exists between the ranking for membership and non-membership degree IVFPRs. Comparison analyses with existing approaches are summarized to demonstrate that the proposed models have advantage in dealing with group decision making problems with IFPRs.