Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation

Large-scale group decision-making (LSGDM) has become common in the new era of technology development involving a large number of experts. Recently, in the use of social network analysis (SNA), the community detection method has been highlighted by researchers as a useful method in handling the compl...

Full description

Bibliographic Details
Main Authors: Abdul Malek, Yaakob, Shahira, Shafie, Gegov, Alexander, Siti Fatimah, Abdul Rahman, Ku Muhammad Naim, Ku Khalif
Format: Article
Language:English
Published: MDPI AG 2023
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/40629/1/Large-scale%20group%20decision-making%20method%20using%20hesitant%20fuzzy%20rule.pdf
_version_ 1796996281112985600
author Abdul Malek, Yaakob
Shahira, Shafie
Gegov, Alexander
Siti Fatimah, Abdul Rahman
Ku Muhammad Naim, Ku Khalif
author_facet Abdul Malek, Yaakob
Shahira, Shafie
Gegov, Alexander
Siti Fatimah, Abdul Rahman
Ku Muhammad Naim, Ku Khalif
author_sort Abdul Malek, Yaakob
collection UMP
description Large-scale group decision-making (LSGDM) has become common in the new era of technology development involving a large number of experts. Recently, in the use of social network analysis (SNA), the community detection method has been highlighted by researchers as a useful method in handling the complexity of LSGDM. However, it is still challenging to deal with the reliability and hesitancy of information as well as the interpretability of the method. For this reason, we introduce a new approach of a Z-hesitant fuzzy network with the community detection method being put into practice for stock selection. The proposed approach was subsequently compared to an established approach in order to evaluate its applicability and efficacy.
first_indexed 2024-04-09T03:52:00Z
format Article
id UMPir40629
institution Universiti Malaysia Pahang
language English
last_indexed 2024-04-09T03:52:00Z
publishDate 2023
publisher MDPI AG
record_format dspace
spelling UMPir406292024-03-07T07:18:23Z http://umpir.ump.edu.my/id/eprint/40629/ Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation Abdul Malek, Yaakob Shahira, Shafie Gegov, Alexander Siti Fatimah, Abdul Rahman Ku Muhammad Naim, Ku Khalif QA Mathematics QA75 Electronic computers. Computer science Large-scale group decision-making (LSGDM) has become common in the new era of technology development involving a large number of experts. Recently, in the use of social network analysis (SNA), the community detection method has been highlighted by researchers as a useful method in handling the complexity of LSGDM. However, it is still challenging to deal with the reliability and hesitancy of information as well as the interpretability of the method. For this reason, we introduce a new approach of a Z-hesitant fuzzy network with the community detection method being put into practice for stock selection. The proposed approach was subsequently compared to an established approach in order to evaluate its applicability and efficacy. MDPI AG 2023-10 Article PeerReviewed pdf en cc_by_4 http://umpir.ump.edu.my/id/eprint/40629/1/Large-scale%20group%20decision-making%20method%20using%20hesitant%20fuzzy%20rule.pdf Abdul Malek, Yaakob and Shahira, Shafie and Gegov, Alexander and Siti Fatimah, Abdul Rahman and Ku Muhammad Naim, Ku Khalif (2023) Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation. Information, 14 (11) (588). pp. 1-18. ISSN 2078-2489. (Published) https://doi.org/10.3390/info14110588 https://doi.org/10.3390/info14110588
spellingShingle QA Mathematics
QA75 Electronic computers. Computer science
Abdul Malek, Yaakob
Shahira, Shafie
Gegov, Alexander
Siti Fatimah, Abdul Rahman
Ku Muhammad Naim, Ku Khalif
Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation
title Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation
title_full Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation
title_fullStr Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation
title_full_unstemmed Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation
title_short Large-scale group decision-making method using hesitant fuzzy rule-based network for asset allocation
title_sort large scale group decision making method using hesitant fuzzy rule based network for asset allocation
topic QA Mathematics
QA75 Electronic computers. Computer science
url http://umpir.ump.edu.my/id/eprint/40629/1/Large-scale%20group%20decision-making%20method%20using%20hesitant%20fuzzy%20rule.pdf
work_keys_str_mv AT abdulmalekyaakob largescalegroupdecisionmakingmethodusinghesitantfuzzyrulebasednetworkforassetallocation
AT shahirashafie largescalegroupdecisionmakingmethodusinghesitantfuzzyrulebasednetworkforassetallocation
AT gegovalexander largescalegroupdecisionmakingmethodusinghesitantfuzzyrulebasednetworkforassetallocation
AT sitifatimahabdulrahman largescalegroupdecisionmakingmethodusinghesitantfuzzyrulebasednetworkforassetallocation
AT kumuhammadnaimkukhalif largescalegroupdecisionmakingmethodusinghesitantfuzzyrulebasednetworkforassetallocation