Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft Matrices

Neutrosophic theory alleviates the ambiguity situation more effectively than fuzzy sets. Neutrosophic soft set deals with the combination of truth, indeterminacy and falsity membership. This provides a space for the convention with multi-aspect decision-making (MADM) problems that involve these c...

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Main Authors: Chinnadurai Veerappan, Florentin Smarandache, Bobin Albert
Format: Article
Language:English
Published: University of New Mexico 2020-01-01
Series:Neutrosophic Sets and Systems
Subjects:
Online Access:http://fs.unm.edu/NSS/NETRO-EquityInvestment.pdf
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author Chinnadurai Veerappan
Florentin Smarandache
Bobin Albert
author_facet Chinnadurai Veerappan
Florentin Smarandache
Bobin Albert
author_sort Chinnadurai Veerappan
collection DOAJ
description Neutrosophic theory alleviates the ambiguity situation more effectively than fuzzy sets. Neutrosophic soft set deals with the combination of truth, indeterminacy and falsity membership. This provides a space for the convention with multi-aspect decision-making (MADM) problems that involve these combinations. The main aim of this paper is to provide a unique ranking for the alternatives to overcome the existing drawbacks in the said environment. Initially, a new score function and the weighted neutrosophic vector are discussed. Secondly, to show the supremacy of the proposed score function a comparison analysis is discussed between the existing score method and the proposed approach. Thirdly, algorithm and flowchart are discussed for the case study. Lastly, a new technique for ranking the alternatives is discussed which enables us to determine the unique highest score. The working model is illustrated with suitable examples to authenticate the tool and to demonstrate the effectiveness of the planned approach.
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spelling doaj.art-9ff6be9d8f83452c81773db75b7e0ed62022-12-21T19:10:26ZengUniversity of New MexicoNeutrosophic Sets and Systems2331-60552331-608X2020-01-013122424110.5281/zenodo.3640364Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft MatricesChinnadurai Veerappan0Florentin Smarandache1Bobin Albert2Department of Mathematics, Annamalai University, Tamilnadu, IndiaMathematics & Science Department, University of New Mexico, USADepartment of Mathematics, Annamalai University, Tamilnadu, IndiaNeutrosophic theory alleviates the ambiguity situation more effectively than fuzzy sets. Neutrosophic soft set deals with the combination of truth, indeterminacy and falsity membership. This provides a space for the convention with multi-aspect decision-making (MADM) problems that involve these combinations. The main aim of this paper is to provide a unique ranking for the alternatives to overcome the existing drawbacks in the said environment. Initially, a new score function and the weighted neutrosophic vector are discussed. Secondly, to show the supremacy of the proposed score function a comparison analysis is discussed between the existing score method and the proposed approach. Thirdly, algorithm and flowchart are discussed for the case study. Lastly, a new technique for ranking the alternatives is discussed which enables us to determine the unique highest score. The working model is illustrated with suitable examples to authenticate the tool and to demonstrate the effectiveness of the planned approach.http://fs.unm.edu/NSS/NETRO-EquityInvestment.pdfsingle valued neutrosophic setsneutrosophic soft matrix (nsm)weighted neutrosophic vectorscore and value functionmulti-aspect decision-analysis.
spellingShingle Chinnadurai Veerappan
Florentin Smarandache
Bobin Albert
Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft Matrices
Neutrosophic Sets and Systems
single valued neutrosophic sets
neutrosophic soft matrix (nsm)
weighted neutrosophic vector
score and value function
multi-aspect decision-analysis.
title Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft Matrices
title_full Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft Matrices
title_fullStr Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft Matrices
title_full_unstemmed Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft Matrices
title_short Multi-Aspect Decision-Making Process in Equity Investment Using Neutrosophic Soft Matrices
title_sort multi aspect decision making process in equity investment using neutrosophic soft matrices
topic single valued neutrosophic sets
neutrosophic soft matrix (nsm)
weighted neutrosophic vector
score and value function
multi-aspect decision-analysis.
url http://fs.unm.edu/NSS/NETRO-EquityInvestment.pdf
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