Determining the weights of assets in a portfolio is one fundamental problems finance. MCDM techniques are employed for asset allocation purposes. However, criterion have to be determined before steps implemented. In this study, criteria by four different weight (CILOS, CRITIC, MEREC, and SECA), effect these on performance portfolios created with 17 (ARAS, CoCoSo, CODAS, COPRAS, EDAS, GRA, MABAC...

with regard to the importance of scientific decision-making in power plants prioritization to produce electrical energy (power) from renewable energies (purified), in this paper, research with specialists opinions with respond to questionnaires provided upon three efficient operational criterion in position of three presented power plant in country which used wind, solar water energies for prod...

in recent decade, several methodologies and tools have been developed to undertake a risk analysis in order to prevent accidents in the process industries. attempts have been made to study and compare these methods. however, yet no method has been proposed to aid managers in a scientific selection of a proper risk analysis method. in this paper, we have presented a multi criteria decision makin...

Hesitant fuzzy sets have a unique characteristic that its basic element could manifest the assessment values of different decision makers on same option under certain criterion. Base-criterion method is very significant tool for calculating weights criteria in multiple decision-making. In this paper, we developed novel approach hesitant BCM based multiplicative preference relation group making....

In modeling Multi-Criteria Decision Making (MCDM) problem, we usually assume that the decision maker is able to elicitate his preferences with precision and without difficulty. However, in many situations, the expert is unable to provide his assessment with certainty or he is unwilling to quantify his preferences. To deal with such situations, a new MCDM model under uncertainty is introduced. I...

Multi-criteria group decision-making is a process in which decision makers assess the performance of alternatives on the basis of conflicting criteria to opt the most worthy alternative as solution. TOPSIS and ELECTRE are effective and commonly used methods to solve multiple criteria decision-making problems. The aim of this study is to propose two new models, namely, complex Pythagorean fuzzy ...