Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstance
Considering the risk aversion for gains and the risk seeking for losses of venture capitalists, the TODIM has been chosen as the decision-making method. Moreover, group decision is an available way to avoid the limited ability and knowledge etc. of venture capitalists. Simultaneously, venture capita...
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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2018-10-01
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Series: | Technological and Economic Development of Economy |
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Online Access: | http://www.transport.vgtu.lt/index.php/TEDE/article/view/5494 |
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author | Weike Zhang Jiang Du Xiaoli Tian |
author_facet | Weike Zhang Jiang Du Xiaoli Tian |
author_sort | Weike Zhang |
collection | DOAJ |
description | Considering the risk aversion for gains and the risk seeking for losses of venture capitalists, the TODIM has been chosen as the decision-making method. Moreover, group decision is an available way to avoid the limited ability and knowledge etc. of venture capitalists. Simultaneously, venture capitalists may be hesitant among several assessed values with different probabilities to express their real perception because of the uncertain decision-making environment. However, the probabilistic hesitant fuzzy information can solve such problems effectively. Therefore, the TODIM has been extended to probabilistic hesitant fuzzy circumstance for the sake of settling the decision-making problem of venture capitalists in this paper. Moreover, due to the uncertain investment environment, the criteria weights are considered as probabilistic hesitant fuzzy information as well. Then, a case study has been used to verify the feasibility and validity of the proposed TODIM. Also, the TODIM with hesitant fuzzy information has been carried out to analysis the same case. From the comparative analysis, the superiority of the proposed TODIM in this paper has already appeared. |
first_indexed | 2024-12-19T12:44:11Z |
format | Article |
id | doaj.art-1f2466fa829f450e9a7978533cabfdf2 |
institution | Directory Open Access Journal |
issn | 2029-4913 2029-4921 |
language | English |
last_indexed | 2024-12-19T12:44:11Z |
publishDate | 2018-10-01 |
publisher | Vilnius Gediminas Technical University |
record_format | Article |
series | Technological and Economic Development of Economy |
spelling | doaj.art-1f2466fa829f450e9a7978533cabfdf22022-12-21T20:20:49ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212018-10-0124510.3846/tede.2018.5494Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstanceWeike Zhang0Jiang Du1Xiaoli Tian2School of Economics, Sichuan University, Chengdu 610064, ChinaSchool of Economics, Sichuan University, Chengdu 610064, ChinaBusiness School, Sichuan University, Chengdu 610064, ChinaConsidering the risk aversion for gains and the risk seeking for losses of venture capitalists, the TODIM has been chosen as the decision-making method. Moreover, group decision is an available way to avoid the limited ability and knowledge etc. of venture capitalists. Simultaneously, venture capitalists may be hesitant among several assessed values with different probabilities to express their real perception because of the uncertain decision-making environment. However, the probabilistic hesitant fuzzy information can solve such problems effectively. Therefore, the TODIM has been extended to probabilistic hesitant fuzzy circumstance for the sake of settling the decision-making problem of venture capitalists in this paper. Moreover, due to the uncertain investment environment, the criteria weights are considered as probabilistic hesitant fuzzy information as well. Then, a case study has been used to verify the feasibility and validity of the proposed TODIM. Also, the TODIM with hesitant fuzzy information has been carried out to analysis the same case. From the comparative analysis, the superiority of the proposed TODIM in this paper has already appeared.http://www.transport.vgtu.lt/index.php/TEDE/article/view/5494TODIMprobabilistic hesitant fuzzy informationventure capitalistdecision-makingventure capital |
spellingShingle | Weike Zhang Jiang Du Xiaoli Tian Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstance Technological and Economic Development of Economy TODIM probabilistic hesitant fuzzy information venture capitalist decision-making venture capital |
title | Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstance |
title_full | Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstance |
title_fullStr | Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstance |
title_full_unstemmed | Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstance |
title_short | Finding a promising venture capital project with TODIM under probabilistic hesitant fuzzy circumstance |
title_sort | finding a promising venture capital project with todim under probabilistic hesitant fuzzy circumstance |
topic | TODIM probabilistic hesitant fuzzy information venture capitalist decision-making venture capital |
url | http://www.transport.vgtu.lt/index.php/TEDE/article/view/5494 |
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