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An Ling's Records (132) - Intensive Reading of Journal Papers 4

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An Ling's Records (132) - Intensive Reading of Journal Papers 4

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Today, the editor brings you the 4. example analysis of the intensive reading journal paper "Multi-criteria Decision Model Based on Correlation Coefficients of Interval Intuitionistic Fuzzy Numbers".

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Today, the editor brings the "4. example analysis of the journal paper 'Multi-criterion decision model based on interval-intuitionistic fuzzy number correlation coefficient'".

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An Ling's Records (132) - Intensive Reading of Journal Papers 4

一、内容摘要(Content summary)

In this issue, we will introduce the 4. example analysis of the intensive reading journal paper "Multi-criteria Decision Model Based on Correlation Coefficients of Interval Intuitionistic Fuzzy Numbers" from three aspects: mind map, intensive reading content, and knowledge supplementation.

In this issue, the tweet will introduce the 4. example analysis of the journal paper "Multi-criteria Decision Model Based on Interval Intuitionistic Fuzzy Number Correlation Coefficient" from three aspects: mind map, detailed reading content, and additional knowledge supplementation.

二、思维导图(Mind Mapping)

An Ling's Records (132) - Intensive Reading of Journal Papers 4

三、精读内容(Detailed Reading Content)

This example is a venture capital firm making optimal investment decisions on five potential investment project proposals. At the beginning of this part, the author first introduces the basic information of the example, including the project of the investment project plan, the evaluation criteria, etc.

The case study involves an optimal investment decision by a venture capital firm on five potential investment project proposals. In this section, the author first introduces the basic situation of the case study, including the projects of investment project proposals and the criteria for evaluation.

An Ling's Records (132) - Intensive Reading of Journal Papers 4

Among them, due to time pressure, insufficient relevant knowledge and data, and the experience limitations of decision-makers in these five project areas, the weighting information of the four criteria is completely unknown, and decision-makers have certain uncertainty and hesitation when evaluating investment projects.

Due to time pressure, insufficient relevant knowledge and data, as well as limitations in the decision-maker's experience in the five project domains, four criterion weight information is completely unknown. The decision-maker has a certain degree of uncertainty and hesitancy in evaluating the investment projects, resulting in evaluation information containing interval intuition fuzzy values as follows.

An Ling's Records (132) - Intensive Reading of Journal Papers 4

Then, the author introduces the specific steps to solve the above investment decision-making problems by using the decision-making method in this paper.

Subsequently, the author introduces the specific steps of solving the above investment decision problem using the decision-making method described in the paper.

An Ling's Records (132) - Intensive Reading of Journal Papers 4

Finally, the author analyzes the results of the case analysis, including the final situation of the ranking of this paper, the comparison with other methods, the shortcomings of the proposed method, and the applicability. For the comparison of some interval intuitionistic fuzzy numbers, the distance formula may be invalid, and the influence of the decision-maker's hesitation on the scheme priority is not considered in the model, resulting in part of the information loss. The decision-making method only considers the correlation between the alternative and the ideal solution, which corresponds to the decision-maker's optimistic attitude towards the decision-making environment, which is suitable for decision-makers with risk appetite, but not for risk-neutral and risk-averse decision-makers.

Finally, the author analyzes the results of the case study analysis, including the final ranking situation of this paper, comparison with other methods, disadvantages of this paper's method, and applicable situations. For some comparisons of interval intuition fuzzy numbers, the distance formula may fail; the model did not consider the effect of the decision-maker's hesitation on the priority sequence of solutions, resulting in partial information loss; the decision method only considers the relevance between alternative solutions and ideal solutions, which corresponds to the decision-maker's optimistic attitude towards the decision environment and is suitable for decision-makers with risk preferences, but not for those who are risk-neutral or risk-averse.

四、知识补充——投资方案选择问题(Supplementary Knowledge - Investment Project Selection Problem)

The problem of investment choice in multi-attribute decision-making involves the challenge of making the best decision based on multiple attributes or criteria when faced with multiple investment options. Typically, these attributes can include ROI, risk, liquidity, and more.

The investment selection problem in multi-attribute decision-making involves the challenge of making the best decision based on multiple attributes or criteria when facing multiple investment choices. Typically, these attributes can include investment return rate, risk, liquidity, etc.

One way to solve this problem is to use decision support systems, which combine mathematical models and computational techniques to help decision-makers evaluate and compare the pros and cons of different investment options. In this approach, the weighting of individual attributes is first determined, and then each investment choice is scored using a mathematical model, and decisions are ultimately made based on the weighted score. Another approach is to use fuzzy logic, which allows decision-making in situations of uncertainty and ambiguity, evaluating and comparing different investment options through fuzzy sets and fuzzy rules. These methods are all designed to help investors better understand and analyze complex investment choices to make more informed decisions.

One method to solve this problem is to use decision support systems, which combine mathematical models and computational techniques to help decision-makers evaluate and compare different investment choices. In this method, the weights of each attribute are first determined, then mathematical models are used to score each investment choice, and finally, decisions are made based on weighted scores. Another method is to use fuzzy logic, which allows decision-making in situations of uncertainty and fuzziness by evaluating and comparing different investment choices through fuzzy sets and fuzzy rules. These methods are aimed at helping investors better understand and analyze complex investment choices, thereby making wiser decisions.

An Ling's Records (132) - Intensive Reading of Journal Papers 4

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参考资料:ChatGPT、百度百科

Bibliography:

Yuan Yu, Guan Tao, Yan Xiangbin et al. Multi-criterion Decision Model Based on Correlation Coefficients of Interval Intuitionistic Fuzzy Numbers [J]. Journal of Management Science, 2014, 17(4): 11-18.

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