Terms Of Set Research Articles

PDHL-MARCOS method based on cumulative prospect theory for MAGDM and its application in network security evaluation

The increasingly large and complex network brings convenience to our life and production, but it also brings potential dangers. Any minor vulnerability may lead to failure of application software configuration, software maintenance, user management and system management. Eventually, our network is interrupted, and even life and production data are leaked. Therefore, establishing a scientific and effective network security evaluation model is an effective way to supervise, manage and improve network security; It is also an effective measure to reduce the loss of life and production. Therefore, we first selected six factors closely related to network security to form a complete network security evaluation index system. Then, the utility function in the traditional measurement of alternatives and ranking according to compromise solution (MARCOS) method is improved by using the value function in cumulative prospect theory (CPT), and a PDHL-MARCOS evaluation model that can reflect the decision-makers’ (DMs’) attitudes towards gains and losses is obtained in the probabilistic double hierarchy linguistic term set (PDHLTS). In addition, the relative entropy (RE) method is also used to obtain expert weights. The combination weights of attributes are obtained using the correlation coefficient and the standard deviation (CCSD) method and the weight function in CPT.

Bipolar valued probabilistic hesitant fuzzy sets based on Generalized Hybrid Operators in multi-criteria decision-making problems based on TOPSIS

This paper aims to present Bipolar valued probabilistic hesitant fuzzy sets (BVPHFSs) by combining bipolar fuzzy sets and probabilistic hesitant fuzzy sets (PHFSs). PHFSs are a strong version of hesitant fuzzy sets (HFSs) in terms of evaluated as probabilistic of each element. Probabilistic hesitant fuzzy sets (PHFSs) are a set structure that argues that each alternative should be evaluated probabilistically. In this framework, the proposed cluster allows probabilistic evaluation of decision- makers’ opinions as negative. Thus, this case proposes flexibility about selection of an element and aids to overcome with noise channels. Furthermore, some new aggregation operators are discussed called bipolar valued probabilistic hesitant fuzzy weighted average operator (BVPHFWA), Generalized bipolar valued probabilistic hesitant fuzzy weighted average operator (GBVPHFWA), bipolar valued probabilistic hesitant fuzzy weighted geometric operator (BVPHFWG), Generalized bipolar valued probabilistic hesitant fuzzy weighted geometric operator (GBVPHFWG), bipolar valued probabilistic hesitant fuzzy hybrid weighted arithmetic and geometric operator (BVPHFHWAG) and Generalized bipolar valued probabilistic hesitant fuzzy hybrid weighted arithmetic and geometric (GBVPHFHWAG) and some basic properties are presented. A score function is defined ranking alternatives. Moreover, two different algorithms are put forward with helping to TOPSIS method and by using aggregation operators over BVPHFSs. The validity of proposed operators are analyzed with an example and results are compared in their own.

Distortion risk measures for tail-risk multicriteria decision-making based on a probabilistic linguistic environment

Probabilistic linguistic term sets (PLTSs) provide a flexible tool to express linguistic preferences, and several multi-criteria decision models based on PLTSs have been recently developed. In this framework, distortion risk measures are extensively used in finance and insurance applications, but are rarely applied in fuzzy systems. In this paper, distortion risk measures are applied to fuzzy tail decisions. In particular, three tail risk measurement methods are put forward, referred to as probabilistic linguistic VaR (PLVaR), expected probability linguistic VaR (EPLVaR), and Wang tail risk measure and extensively study their properties. Our novel methods help to clarify the connections between distortion risk measure and fuzzy tail decision-making. In particular, the Wang tail risk measure is characterized by consistency and stability of decision results. The criteria and expert weights are unknown or only partially known during the decision making process, and the maximising PLTSs deviations are showed how to determine them. The theoretical results are showcased on an optimal stock fund selection problem, where the three tail risk measures are compared and analyzed.

Novel Aczel-Alsina operations-based probabilistic double hierarchy linguistic aggregation operators and their applications in Blockchain performance evaluation Blockchain

The development and application of blockchain provides technical support for supply chain technological innovation and industrial innovation. Integrating the decentralized, independent, open, traceable and tamper-proof features of the blockchain into the supply chain can effectively improve the problems of unstable supply chain structure, low security, low privacy, low collaboration ability and high operating costs. Establishing probabilistic double hierarchy linguistic multi-attribute decision-making (PDHL-MADM) model to evaluate the performance of blockchain is an effective measure to optimize blockchain performance and improve supply chain stability. Therefore, this thesis first takes the processing efficiency, cost, security performance, update and improvement ability as evaluation attributes. Then the IDOCRIW weight method is used to calculate the objective weight of attributes. Based on Aczel-Alsina t-norm (AATN) and Aczel-Alsina t-conorm (AATCN), four operations of probabilistic double hierarchy linguistic term set (PDHLTS) are defined, and PDHLAAWA operator, PDHLAAOWA operator, PDHLAAHA operator, PDHLAAHM operator, PDHLAAWHM operator and their dual operators are proposed, and a series of corresponding PDHL operator models are constructed. In addition, the sensitivity and stability of this series of operator models are analyzed in depth. Finally, the new model proposed in this thesis is compared with the existing model to verify its scientific and superiority.

Research on probabilistic language multi-attribute group decision-making method based on correlation coefficient and improved entropy

To address the issue of unknown expert and attribute weights in the comprehensive assessment of hospitals, as well as the potential challenges posed by distance measures, this paper presents a probabilistic language multi-attribute group decision-making (MAGDM) approach that utilizes correlation coefficients and improved entropy. First, the correlation function, called the probabilistic linguistic correlation coefficient, is introduced into the probabilistic linguistic term set(PLTS) to measure the consistency among experts, so as to obtain the weights of experts. Next, based on Shannon entropy, an improved probabilistic linguistic entropy is proposed to measure the uncertainty of PLTS considering the number of alternatives and information quantity. Then, based on the correlation coefficient and improved entropy, the attribute weights are obtained. In addition, in order to overcome the counter-intuitive problem of existing distance measurement, this paper proposes a probabilistic language distance measurement method based on the Bray-Curtis distance to measure the differences between PLTSs. On this basis, by applying the technique for order preference by similarity to ideal solution (TOPSIS) method and using PLTSs to construct the MAGDM method, the ranking of alternative schemes is generated. Finally, the improved MAGDM method is applied to an example of the comprehensive evaluation of the smart medical hospitals. The results show that compared with the existing methods, this method can determine the weight information more reasonably, and the decision-making results are not counter-intuitive, so it can evaluate the hospital more objectively.

Novel Distance Measures of Multigranular Unbalanced Hesitant Fuzzy Linguistic Term Sets Based on Semantics Intervals.

In the field of qualitative decision making with hesitant fuzzy linguistic term sets (HFLTSs), distance measure (DM) is a significant concept that reflects the degree of difference between HFLTSs. Various DMs among HFLTSs have been proposed, which enhance the applicability of HFLTSs in multicriteria decision making (MCDM) under qualitative hesitation information. However, existing strategies not only have their own pros and cons but also fail to measure linguistic assessments from multiple linguistic term sets with different distributions (i.e., multigranular unbalanced linguistic information). In this article, we first propose a new strict DM between two hesitant fuzzy linguistic elements (HFLEs) based on the Wasserstein distance of their semantics intervals. Then, two novel kinds of DMs (Euclidean and Chebyshev forms) for HFLTSs are proposed and their strictness is proved. Weighted and ordered weighted versions of HFLTSs based on Euclidean form are derived. Afterward, illustrative examples, simulations, and related analyses are given to demonstrate the rationality of the proposals. Finally, two cases are applied to verify the efficiency and practicality of the novel measures in real life.

A group decision framework for core competitiveness evaluation of small and medium-sized foreign trade enterprises under probabilistic linguistic term sets

Since the reform and opening up, China’s foreign trade has developed rapidly. The import and export trade volume has doubled, and the team of foreign trade enterprises is constantly expanding. After China’s accession to the WTO and the liberalization of foreign trade management rights, a group of small and medium-sized foreign trade enterprises have grown up in recent years and are becoming a new force in the development of China’s foreign trade industry. So, how to make these enterprises grow and grow in the international market competition, and focus on cultivating the core competitiveness of small and medium-sized foreign trade enterprises, has become a strategic issue related to the overall development of foreign trade. Recently, COmbinative Distance-based ASsessment (CODAS) method computes the Euclidean distances as the primary measure and Hamming distances as the secondary measure to assess alternatives based on predetermined attribute. Moreover, the probabilistic linguistic term sets (PLTSs) are effective tool for depicting uncertainty of the multiple attribute group decision making (MAGDM) problems. The core competitiveness evaluation of small and medium-sized foreign trade enterprises is a classical MAGDM. In this paper, the CODAS method is extended to the MAGDM with PLTSs. Firstly, the definition of PLSs is introduced. Then, on the basis of the classical CODAS method, the PL-CODAS method is proposed to cope with MAGDM under PLTSs and its significant characteristic is that it can fully consider PLED and PLHD. Finally, a practical example for core competitiveness evaluation of small and medium-sized foreign trade enterprises is given to verify the developed approach and some comparative analysis was also given to verify the PL-CODAS approach.

A multi-granularity hesitant fuzzy linguistic decision making VIKOR method based on entropy weight and information transformation

Multi-granularity hesitant fuzzy linguistic terms set is an effective expression of linguistic information, which can utilize some fuzzy linguistic terms to evaluate various common qualitative information and plays an important role when experts provide linguistic information to express hesitancy. Since the alternative description in the decision-making information system is characterized by multi-granularity, uncertainty, and vagueness, this paper proposes a multi-granularity hesitant fuzzy linguistic decision-making VIKOR method based on entropy weight and information transformation. Specifically, this paper firstly adopts fuzzy information entropy to obtain the weights of different attributes and introduces a multi-granularity hesitant fuzzy linguistic term set conversion method to realize the semantic information conversion between different granularities. Then for the converted affiliation linguistic decision matrix, the entropy weighting method is used to obtain the weights of different affiliation granularity layers, and a weight optimization VIKOR method based on the affiliation linguistic decision matrix is further proposed to rank the alternatives. Finally, the feasibility of the proposed method verified by arithmetic examples, experimental analysis is carried out in terms of parameter sensitivity analysis and comparison with other methods. The experimental results prove the rationality and effectiveness of the proposed method.

Influencing factor analysis and enterprise evaluation of lithium-ion battery recycling based on improved DEMATEL method

Spent lithium-ion battery (LIB) recycling can create great pollution to the environment. Understanding the safety, environment, technique, and regulation factors’ impact on the recycling process is crucial. Due to the complexity of the relevant factors, and there is a certain degree of correlation and dependence between the factors, the Decision Making Trial and Evaluation Laboratory (DEMATEL) method is used to analyze the factors’ degree of impact in this study. As the experts are ambiguous about some relations between the factors, it is impossible to conduct integrated evaluation. The improved DEMATEL method is proposed in this study to make up the missing relations. Further, the weights of the factors will be calculated. In the improved DEMATEL method, the numerical scale of a linguistic term set is introduced. Therefore, the numerical scale used by experts can not only be uniform and symmetrical, but can also be non-uniform symmetric, non-uniform asymmetric, etc. Finally, both reusing and recycling companies are included in this study and their factors’ importance weights were analyzed with the fuzzy comprehensive evaluation method.

Brain-Region-Specific Genes Form the Major Pathways Featuring Their Basic Functional Role: Their Implication in Animal Chronic Stress Model.

The analysis of RNA-Sec data from murine bulk tissue samples taken from five brain regions associated with behavior and stress response was conducted. The focus was on the most contrasting brain region-specific genes (BRSG) sets in terms of their expression rates. These BRSGs are identified as genes with a distinct outlying (high) expression rate in a specific region compared to others used in the study. The analysis suggested that BRSG sets form non-randomly connected compact gene networks, which correspond to the major neuron-mediated functional processes or pathways in each brain region. The number of BRSGs and the connection rate were found to depend on the heterogeneity and coordinated firing rate of neuron types in each brain region. The most connected pathways, along with the highest BRSG number, were observed in the Striatum, referred to as Medium Spiny Neurons (MSNs), which make up 95% of neurons and exhibit synchronous firing upon dopamine influx. However, the Ventral Tegmental Area/Medial Raphe Nucleus (VTA/MRN) regions, although primarily composed of monoaminergic neurons, do not fire synchronously, leading to a smaller BRSG number. The Hippocampus (HPC) region, on the other hand, displays significant neuronal heterogeneity, with glutamatergic neurons being the most numerous and synchronized. Interestingly, the two monoaminergic regions involved in the study displayed a common BRSG subnetwork architecture, emphasizing their proximity in terms of axonal throughput specifics and high-energy metabolism rates. This finding suggests the concerted evolution of monoaminergic neurons, leading to unique adaptations at the genic repertoire scale. With BRSG sets, we were able to highlight the contrasting features of the three groups: control, depressive, and aggressive mice in the animal chronic stress model. Specifically, we observed a decrease in serotonergic turnover in both the depressed and aggressive groups, while dopaminergic emission was high in both groups. There was also a notable absence of dopaminoceptive receptors on the postsynaptic membranes in the striatum in the depressed group. Additionally, we confirmed that neurogenesis BRSGs are specific to HPC, with the aggressive group showing attenuated neurogenesis rates compared to the control/depressive groups. We also confirmed that immune-competent cells like microglia and astrocytes play a crucial role in depressed phenotypes, including mitophagy-related gene Prkcd. Based on this analysis, we propose the use of BRSG sets as a suitable framework for evaluating case-control group-wise assessments of specific brain region gene pathway responses.

Structured discriminative Gaussian graph learning for multimode process monitoring

AbstractAiming at the actual industrial process background that different modes share the same system configurations and control structure, this article proposes a novel structured discriminant Gaussian graph learning for multimode process monitoring. The proposed method considers not only the sparsity of graph model but also the measurement of data variation based on a mismatched graph and the common node support between different graphical structures. The objective function involves two sets of regularization terms: the trace terms for mismatched measurements and the ‐norm imposed on the union of decomposed graph matrices. Due to the introduced mismatched trace terms, the cost of matching the data points and graph models that have inconsistent class labels can be expanded, which brings more discrimination for the graph‐based mode identification. While the common structure extracted by the ‐norm forces the estimated graph models to have structural similarities, thus alleviating the negative influence caused by graph discrimination. Once a relatively accurate and discriminative reference graph model is obtained, the downstream test graph learning and analysis can be conducted online by employing the moving window techniques. By comparing the matched and mismatched graph‐based measurements, the process mode can be identified correctly and stably. To grasp the abnormal process changes, the ‐norm for the row sparsity is again applied to the graph difference matrices, the sensitive monitoring statistics and the fault isolation results can be obtained effectively. All the optimization problems in this paper can be solved using the alternating direction multiplier (ADMM) algorithm. The effectiveness of our proposed approach is illustrated by the application to a real blast furnace iron‐making production process.

Classifying Musical Medium of Performance: Object or Property?

ABSTRACT: How best to classify musical medium of performance? We welcome the advice and expertise of the community of Notes readers to inform our deliberations. Specifically, when referring to the sources of musical sound, should we be describing the objects (e.g., aerophone), the properties (e.g., piccolo), or some combination of the two? The Institute for Knowledge Organization and Structure convened a research group to discuss “the phenomena of music for classification.” What does it mean to classify the phenomena of music rather than musical documents or documents containing texts about music? How might we represent music apart from its documentary representations (scores, recordings, etc.)? We considered the Library of Congress Medium of Performance Thesaurus (LCMPT) and Hornbostel-Sachs (H-S) classification. The universal Basic Concepts Classification (BCC) is interdisciplinary and is organized around phenomena (things), relators (the relationships that exist among phenomena), and the properties that phenomena and relators may possess. We sought a comprehensive classification of medium of performance for the BCC. H-S focuses on the physical nature of instruments and how they make sound, the LCMPT effectively identifies specific instruments by name. H-S does not provide the level of granularity that we need but LCMPT’s larger set of terms are organized with only a few layers of hierarchy. H-S avoids local nomenclature, LCMPT embraces it. The two are attractive because they provide well-developed vocabulary and because their differences manifest as different strengths for a Semantic Web application. Ultimately our analysis reaches no specific conclusion. Instead, we have reflected thoroughly on the panoply of phenomena associated with the representation of medium of performance as phenomena of music in nondocumentary contexts.

An evidential linguistic ELECTRE method for selection of emergency shelter sites

In many circumstances, decisions are based on subjective experience. However, some views can be vague, meaning that policymakers do not know exactly how they should express their opinions. Therefore, it is necessary for researchers to provide scientific decision frameworks, among which the multi-criteria decision making (MCDM) method in the linguistic environment is gradually favored by scholars. A large body of literature reports relevant approaches with regard to linguistic term sets, but existing approaches are insufficient to express the subjective thoughts of policymakers in a complex and uncertain environment. In this paper, we address this problem by introducing the concept of evidential linguistic term set (ELTS). ELTS generalizes many other uncertainty representations under linguistic context, such as fuzzy sets, probabilities, or possibility distributions. Measures on ELTS, such as uncertainty measure, dissimilarity measure and expectation function, provide general frameworks to handle uncertain information. Modeling and reasoning of information expressed by ELTSs are realized by the proposed aggregation operators. Subsequently, this paper presents a novel MCDM approach called evidential linguistic ELECTRE method, and applies it to the case of selection of emergency shelter sites. The findings demonstrate the effectiveness of the proposed method for MCDM problems under linguistic context and highlight the significance of the developed ELTS.

Multi-attribute decision making based on VIKOR with probabilistic linguistic term sets: An application to the risk evaluation of foreign direct investment.

The multiple global environments have triggered changes in the international environment, leading to a sharp decline of foreign direct investment (FDI) compared to pre-pandemic level. To evaluate the investment risk of FDI and make optimal investment decision becomes the most important issue for investors. This paper focuses on the evaluation of investment risk for FDI. First, an index system for risk evaluation of FDI is constructed. Then, we introduce the probabilistic linguistic entropy and cross entropy measures, based on which, a programming model is developed to identify the objective attribute weights. A composite weight derivation method, which takes both the objective attribute weights and the subjective attribute weights into account, is further introduced. In view of attributes' uncertainty and fuzziness and the conflicting characteristics of some attributes, the VIKOR (the Serbian name: VlseKriterijumska Optimizacija I Kompromisno Resenje, means multi-criteria optimization and compromise solution) method is used to evaluate the risk of FDI under the probabilistic linguistic environment. Furthermore, a case study is presented to illustrate the proposed method. The comparative analysis and some further discussions verify the validity of the proposed method for the FDI risk evaluation.

Community art therapy (CAT): learning from art therapy graduate students’ perceptions

ABSTRACT Background In recent years, therapeutic approaches in the field of art therapy have gone beyond clinical models to include community models that emphasize the potential of art to influence communities in distress and encourage art therapists to expand their therapeutic interventions and extend their professional boundaries. Aims: This qualitative study was designed to better understand the experiences of art therapy graduate students who implemented community art therapy (CAT) projects during their internship after taking courses on CAT. It examined how they experienced the transition from the familiar clinical model to the community model. Results Five main themes emerged from the analysis: the students' perceptions of the differences between CAT and the familiar clinical art therapy setting, the specific role of the community art therapist, the role of the art, a sense of belonging to the community, and the power of the group in CAT. Conclusions The artistic process in CAT contribute to the co-creation of community knowledge through metaphorical expressions of identity and belonging. The students experienced the role of the community art therapist as a continuous dialectic between intervener-joiner who makes an impact and is also affected by the process personally. Engaging in a shared examination of the training of CAT allowed the educators and the students to achieve a deeper understanding of the challenges and the transformation required. Implications for practice CAT should be taught as a separate topic in art therapy programs, and CAT professionals should be trained to support and supervise students and therapists. Plain-language summary In recent years, the field of art therapy has undergone significant changes from traditional clinical to community models that emphasise the potential of art to influence communities in distress and encourage art therapists to expand their therapeutic interventions, extend their professional boundaries, and at times become social activists. This study examined 11 art therapy students’ reports on their experiences as facilitators of a community art therapy (CAT) intervention in communities of their choice. The students wrote a one-page reflection on each community intervention and completed the Helpful Aspects of Therapy (HAT) questionnaire that explores helpful and hindering events in each intervention. Five themes emerged: the students` experiences of the differences between traditional art therapy and the CAT setting in terms of the specific role of the art therapist, the role of the art, a sense of belonging to the community, and the power of the group in CAT. The students indicated that the role of the community art therapist involves a continuous dialectic between participants and the facilitator, who can make an impact but is also affected by the process personally. Overall, CAT should be taught as a separate topic in art therapy programmes and CAT professionals should be trained to support and supervise the work of students and therapists.

Whisper-based spoken term detection systems for search on speech ALBAYZIN evaluation challenge

The vast amount of information stored in audio repositories makes necessary the development of efficient and automatic methods to search on audio content. In that direction, search on speech (SoS) has received much attention in the last decades. To motivate the development of automatic systems, ALBAYZIN evaluations include a search on speech challenge since 2012. This challenge releases several databases that cover different acoustic domains (i.e., spontaneous speech from TV shows, conference talks, parliament sessions, to name a few) aiming to build automatic systems that retrieve a set of terms from those databases. This paper presents a baseline system based on the Whisper automatic speech recognizer for the spoken term detection task in the search on speech challenge held in 2022 within the ALBAYZIN evaluations. This baseline system will be released with this publication and will be given to participants in the upcoming SoS ALBAYZIN evaluation in 2024. Additionally, several analyses based on some term properties (i.e., in-language and foreign terms, and single-word and multi-word terms) are carried out to show the Whisper capability at retrieving terms that convey specific properties. Although the results obtained for some databases are far from being perfect (e.g., for broadcast news domain), this Whisper-based approach has obtained the best results on the challenge databases so far so that it presents a strong baseline system for the upcoming challenge, encouraging participants to improve it.

Terminology of e-Oral Health: Consensus Report of the IADR’s e-Oral Health Network Terminology Task Force

ObjectiveAuthors reported multiple definitions of e-oral health and related terms, and used several definitions interchangeably, like mhealth, teledentistry, teleoral medicine and telehealth. The International Association of Dental Research e-Oral Health Network (e-OHN) aimed to establish a consensus on terminology related to digital technologies used in oral healthcare.MethodThe Crowdsourcing Delphi method used in this study comprised of four main stages. In the first stage, the task force created a list of terms and definitions around digital health technologies based on the literature and established a panel of experts. Inclusion criteria for the panellists were: to be actively involved in either research and/or working in e-oral health fields; and willing to participate in the consensus process. In the second stage, an email-based consultation was organized with the panel of experts to confirm an initial set of terms. In the third stage, consisted of: a) an online meeting where the list of terms was presented and refined; and b) a presentation at the 2022-IADR annual meeting. The fourth stage consisted of two rounds of feedback to solicit experts’ opinion about the terminology and group discussion to reach consensus. A Delphi-questionnaire was sent online to all experts to independently assess a) the appropriateness of the terms, and b) the accompanying definitions, and vote on whether they agreed with them. In a second round, each expert received an individualised questionnaire, which presented the expert’s own responses from the first round and the panellists’ overall response (% agreement/disagreement) to each term. It was decided that 70% or higher agreement among experts on the terms and definitions would represent consensus.ResultsThe study led to the identification of an initial set of 43 terms. The list of initial terms was refined to a core set of 37 terms. Initially, 34 experts took part in the consensus process about terms and definitions. From them, 27 experts completed the first rounds of consultations, and 15 the final round of consultations. All terms and definitions were confirmed via online voting (i.e., achieving above the agreed 70% threshold), which indicate their agreed recommendation for use in e-oral health research, dental public health, and clinical practice.ConclusionThis is the first study in oral health organised to achieve consensus in e-oral health terminology. This terminology is presented as a resource for interested parties. These terms were also conceptualised to suit with the new healthcare ecosystem and the place of e-oral health within it. The universal use of this terminology to label interventions in future research will increase the homogeneity of future studies including systematic reviews.

Geographic information system-based multi-criteria decision-making analysis for investment assessment of wind-photovoltaic-shared energy storage power stations: a case study of Shanxi Province.

As the center of the development of power industry, wind-photovoltaic (PV)-shared energy storage project is the key tool for achieving energy transformation. This research seeks to construct a feasible model for investment appraisal of wind-PV-shared energy storage power stations by combining geographic information system (GIS) and multi-criteria decision-making (MCDM) method. Firstly, a comprehensive criteria system is established from the perspectives of orography, economy, resources, climate, and society, and the evaluation data is described using probabilistic linguistic term sets (PLTSs). Then, to avoid the weight deviation produced by the single weighting approach, a comprehensive weighting model including the best-worst method (BWM) and entropy weight method is provided to calculate the weights of criteria. Next, expert weights are calculated based on trust analysis. Finally, alternatives are ranked by the improved gained and lost dominance score (GLDS) method. To verify the validity of the model, an empirical investigation is carried out in Shanxi Province. The results show that the economy is the primary factor influencing the investment decision. Among all the projects approved by the government, alternative F4 located in Yanzhuang Town, Yuanping City is the best investment object. Furthermore, to illustrate the stability of the result, triple sensitivity analysis and comparative analysis are conducted in Shanxi Province. This study expands the application scope of GIS and MCDM method by first providing support for government and investors to identify optimal investment targets.

A hybrid heterogeneous framework for medical waste disposal evaluation by fusing group BWM and regret-rejoice MABAC

This article attempts to develop a hybrid heterogeneous framework to evaluate the disposal modes for emergency medical waste (EMW) by fusing GBWM (group best-worst method), RT (regret theory), and MABAC (multi-attributive border approximation area comparison). This hybrid framework tries to address three key challenges: (i) determining criteria weights, (ii) computing the regret-rejoice evaluation matrix, and (iii) identifying the optimal alternative. To address the first challenge, this paper innovates an innovative interval-valued intuitionistic fuzzy (IVIF) GBWM, which considers multiplicatively consistent IVIF preference relation, to efficiently determine global criteria weights (GCWs). For the second challenge, RT is incorporated to compute the regret-rejoice evaluation matrix using experts' heterogeneous evaluations which consist of intervals, triangular fuzzy numbers, hesitant fuzzy linguistic term sets and IVIF values. Regarding the third challenge, MABAC is applied to sort alternatives based on the obtained regret-rejoice evaluation matrix. Afterwards, the validity of the hybrid framework is verified by an illustrative example, and its advantages are demonstrated with some worthy sensitivity and comparative analyses. Some innovations of the proposed framework are highlighted below: (i) The IVIF GBWM streamlines calculation load, since it derives GCWs by solving the group weight assignment model only once; (ii) The introduction of RT into MABAC assists decision-makers in mitigating regret psychology, enhancing the quality of decision outcomes; (iii) The proposed framework’s practicality is enhanced by leveraging heterogeneous evaluations which capture the inherent complexities of actual decision-making problems.

Are private placements associated with more active media management than public offerings? Evidence from Taiwan

PurposeThis study investigates the media activities of firms issuing private equity placements and seasoned equity offerings in Taiwan, as firms have incentives to manage media coverage to influence their stock prices during private equity placement.Design/methodology/approachWe collect a corpus of news stories and transform the news into term sets based on the part of speech. Then, we refer to Cecchini et al. (2010) to classify the news terms into positive, negative, and usual categories. Next, we employ the SVM algorithm to perform the classification tasks and the term frequency method to perform the text mining task. In last, we use a multiple regression model to verify the hypotheses.FindingsWe determine that issuing firms in a private placement have substantially more positive news stories and fewer negative news stories than those in public offerings. Furthermore, we evidence that the media management effects of postequity issues are more active than those of preequity issues. Finally, our results demonstrate that the timing and content of financial media coverage among different equity issuance methods may be biased by firm management. According to previous studies, they may attempt to manipulate stock prices to increase the number of highly profitable insider stakeholders.Originality/valueTo our knowledge, this is the first study to investigate that if private placement will associate with more active media management than the public offerings. According to our results of the difference-in-means test, the public offerings market may control news coverage; however, this result is inconsistent with that of the regression results. The private placements market may also exercise media management in the “before announcement day” and “after announcement day” periods by increasing positive news and reducing negative news.