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...

Full description

Bibliographic Details
Main Authors: Weike Zhang, Jiang Du, Xiaoli Tian
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2018-10-01
Series:Technological and Economic Development of Economy
Subjects:
Online Access:http://www.transport.vgtu.lt/index.php/TEDE/article/view/5494
_version_ 1818872775758053376
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
work_keys_str_mv AT weikezhang findingapromisingventurecapitalprojectwithtodimunderprobabilistichesitantfuzzycircumstance
AT jiangdu findingapromisingventurecapitalprojectwithtodimunderprobabilistichesitantfuzzycircumstance
AT xiaolitian findingapromisingventurecapitalprojectwithtodimunderprobabilistichesitantfuzzycircumstance