Prospect theory is currently the main descriptive theory of decision under uncertainty. It generalizes expected utility by introducing nonlinear decision weighting and loss aversion. A difficulty in the study of multiattribute utility under prospect theory is to determine when an attribute yields a gain or a loss. One possibility, which has been adopted in the existing theoretical literature on...

Participants were given a choice between two multiattribute alternatives (job offers). Preferences for the attributes were measured before, during, and after the choices were made. We found that over the course of decision making, the preferences shifted to cohere with the choice: The attributes of the option that was eventually chosen came to be rated more favorably than they had been rated in...

This paper develops an approach based on performance targets to assess a preference function for a multiobjective decision under uncertainty. This approach yields preference functions that are strategically equivalent to conventional multiattribute utility functions, but the target-oriented approach is more natural for some classes of decisions. In some situations, the target-oriented preferenc...

In investment selection problems, the existence of contingency and uncertainty may result in loss attribute information. Then, how to make proper decision-making will be a tricky proposition. this work, multiattribute group decision making (MAGDM) method based on generalized probabilistic hesitant fuzzy Bonferroni mean (GPHFBM) operator is constructed, which enables decision-makers select param...

We propose a generalized approach to the already existing crisp methods to solve the fuzzy multiattribute decision making problem. Specifically we deal with four methods, namely Simple Additive Weighting, Linear Assignment, TOPSIS and ELECTRE, where fuzzy numbers are used to represent the ratings of the alternatives and relative weights of the attributes. Through the use of fuzzy mathematics we...

The college tennis classroom teaching effect evaluation is viewed as the multiattribute group decision making (MAGDM). probabilistic double hierarchy linguistic term set (PDHLTS) not only conforms to people’s language expression habit of “adverb + adjective” but also can accurately depict its importance in real MAGDM. Therefore, this paper comes up with grey relational analysis (PDHL-GRA) metho...