Induced aggregation operators in the Euclidean distance and its application in financial decision making

Expert Systems with Applications

Volumn 38, Issue 6, 2011, Pages 7603-7608

  Merigó, José M ^a   Casanovas, Montserrat ^a  

^a UNIVERSITY OF BARCELONA   (Spain)

Author keywords

Decision making; Euclidean distance; Induced aggregation operators; Selection of investments

Indexed keywords

AGGREGATION OPERATOR; BUSINESS DECISIONS; DECISION MAKERS; DECISION-MAKING METHOD; DISTANCE MEASURE; EUCLIDEAN; EUCLIDEAN DISTANCE; FINANCIAL DECISIONS; MAXIMUM DISTANCE; MINIMUM DISTANCE; ORDERED WEIGHTED AVERAGING; SELECTION OF INVESTMENTS; WEIGHTED EUCLIDEAN DISTANCE;

INVESTMENTS; MATHEMATICAL OPERATORS;

DECISION MAKING;

EID: 79951578250     PISSN: 09574174     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eswa.2010.12.103     Document Type: Article

References (57)

1. B.S. Ahn Some remarks on the LSOWA approach for obtaining OWA operator weights International Journal of Intelligent Systems 24 2009 1265 1279
2. B.S. Ahn, and H. Park Least-squared ordered weighted averaging operator weights International Journal of Intelligent Systems 23 2008 33 49
3. S. Alonso, F.J. Cabrerizo, F. Chiclana, F. Herrera, and E. Herrera-Viedma Group decision making with incomplete fuzzy linguistic preference relations International Journal of Intelligent Systems 24 2009 201 222
4. G. Beliakov Learning weights in the generalized OWA operators Fuzzy Optimization and Decision Making 4 2005 119 130 (Pubitemid 40356875)
5. G. Beliakov, A. Pradera, and T. Calvo Aggregation functions: A guide for practitioners 2007 Springer-Verlag Berlin
6. T. Calvo, G. Mayor, and R. Mesiar Aggregation operators: New trends and applications 2002 Physica-Verlag New York
7. K.H. Chang, and T.C. Wen A novel efficient approach for DFMEA combining 2-tuple and the OWA operator Expert Systems with Applications 37 2010 2362 2370
8. Chiclana, F.; Herrera, F.; Herrera-Viedma, E. (2000). The ordered weighted geometric operator: Properties and application. In: Proceeding of 8th International Conference on information processing and management of uncertainty in knowledge-based systems (pp. 985-991). Madrid, Spain.
9. F. Chiclana, E. Herrera-Viedma, F. Herrera, and S. Alonso Some induced ordered weighted averaging operators and their use for solving group decision-making problems based on fuzzy preference relations European Journal of Operational Research 182 2007 383 399 (Pubitemid 46561160)
10. A. Emrouznejad MP-OWA: The most preferred OWA operator Knowledge-Based Systems 21 2008 847 851
11. J. Figueira, S. Greco, and M. Ehrgott Multiple criteria decision analysis: State of the art surveys 2005 Springer Boston
12. J. Fodor, J.L. Marichal, and M. Roubens Characterization of the ordered weighted averaging operators IEEE Transactions on Fuzzy Systems 3 1995 236 240
13. J. Gil-Aluja The interactive management of human resources in uncertainty 1998 Kluwer Academic Publishers Dordrecht
14. J. Gil-Aluja Elements for a theory of decision under uncertainty 1999 Kluwer Academic Publishers Dordrecht
15. F. Herrera, E. Herrera-Viedma, and F. Chiclana A study of the origin and uses of the ordered weighted geometric operator in multicriteria decision making International Journal of Intelligent Systems 18 2003 689 707
16. E. Herrera-Viedma, S. Alonso, F. Chiclana, and F. Herrera A consensus model for group decision making with incomplete fuzzy preference relations IEEE Transactions on Fuzzy Systems 15 2007 863 877 (Pubitemid 47577994)
17. E. Herrera-Viedma, F. Chiclana, F. Herrera, and S. Alonso Group decision-making model with incomplete fuzzy preference relations based on additive consistency IEEE Transactions on Systems, Man and Cybernetics B 37 2007 176 189 (Pubitemid 46358490)
18. N. Karayiannis Soft learning vector quantization and clustering algorithms based on ordered weighted aggregation operators IEEE Transactions on Neural Networks 11 2000 1093 1105
19. A. Kaufmann Introduction to the theory of fuzzy subsets 1975 Academic Press New York
20. X.W. Liu The solution equivalence of minimax disparity and minimum variance problems for OWA operators International Journal of Approximate Reasoning 45 2007 68 81
21. X. Liu A general model of parameterized OWA aggregation with given orness level International Journal of Approximate Reasoning 48 2008 598 627
22. P. Liu A weighted aggregation operators multi-attribute group decision-making method based on interval-valued trapezoidal fuzzy numbers Expert Systems with Applications 38 2011 1053 1060
23. J.W. Liu, C.H. Cheng, Y.H. Chen, and T.L. Chen OWA rough set model for forecasting the revenues growth rate of the electronic industry Expert Systems with Applications 37 2010 610 617
24. Merigó, J.M. (2008). New extensions to the OWA operator and its application in business decision making. PhD thesis. Department of Business Administration, University of Barcelona.
25. J.M. Merigó Fuzzy decision making with immediate probabilities Computers & Industrial Engineering 58 2010 651 657
26. J.M. Merigó, and M. Casanovas Induced aggregation operators in decision making with Dempster-Shafer belief structure International Journal of Intelligent Systems 24 2009 934 954
27. J.M. Merigó, and M. Casanovas Fuzzy generalized hybrid aggregation operators and its application in decision making International Journal of Fuzzy Systems 12 2010 15 24
28. J.M. Merigó, and M. Casanovas The fuzzy generalized OWA operator and its application in strategic decision making Cybernetics & Systems 41 2010 359 370
29. J.M. Merigó, and M. Casanovas Decision making with distance measures and linguistic aggregation operators International Journal of Fuzzy Systems 12 2010 190 198
30. J.M. Merigó, M. Casanovas, and L. Martínez Linguistic aggregation operators for linguistic decision making based on the Dempster-Shafer theory of evidence International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems 18 2010 287 304
31. Merigó, J. M.; Gil-Lafuente, A. M. (2006). Using the OWA operator in the selection of financial products. In: proceedings of the 41st CLADEA conference. CD-ROM Proceedings, Montpellier: France.
32. J.M. Merigó, and A.M. Gil-Lafuente The ordered weighted averaging distance operator Lectures on Modelling and Simulation 8 2007 1 11
33. J.M. Merigó, and A.M. Gil-Lafuente Using the OWA operator in the Minkowski distance International Journal of Electrical and Computer Engineering 3 2008 149 157
34. J.M. Merigó, and A.M. Gil-Lafuente The generalized adequacy coefficient and its application in strategic decision making Fuzzy Economic Review 13 2008 17 36
35. J.M. Merigó, and A.M. Gil-Lafuente On the use of the OWA operator in the Euclidean distance International Journal of Electrical and Systems Engineering 2 2008 451 457
36. J.M. Merigó, and A.M. Gil-Lafuente The induced generalized OWA operator Information Sciences 179 2009 729 741
37. J.M. Merigó, and A.M. Gil-Lafuente OWA operators in generalized distances International Journal of Mathematical and Computer Sciences 5 2009 11 18
38. J.M. Merigó, and A.M. Gil-Lafuente New decision making techniques and their application in the selection of financial products Information Sciences 180 2010 2085 2094
39. O'Hagan, M. (1988). Aggregating template or rule antecedents in real-time expert systems with fuzzy set logic. In: 22nd Annual IEEE Asilomar conference on signals, systems and computers (pp. 681-689). Pacific Grove: CA. (Pubitemid 20629298)
40. E. Szmidt, and J. Kacprzyk Distances between intuitionistic fuzzy sets Fuzzy Sets and Systems 114 2000 505 518
41. C. Tan, and X. Chen Induced Choquet ordered averaging operator and its application in group decision making International Journal of Intelligent Systems 25 2010 59 82
42. G.W. Wei Method for two-tuple linguistic group decision-making based on the ET-WG and ET-OWG operators Expert Systems with Applications 37 2010 7895 7900
43. J. Wu, J.C. Li, H. Li, and W.Q. Duan The induced continuous ordered weighted geometric operators and their application in group decision making Computers & Industrial Engineering 56 2009 1545 1552
44. Z.S. Xu An overview of methods for determining OWA weights International Journal of Intelligent Systems 20 2005 843 865
45. Z.S. Xu Dependent uncertain ordered weighted averaging operators Information Fusion 9 2008 310 316
46. Z.S. Xu, and J. Chen An overview of distance and similarity measures of intuitionistic fuzzy sets International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems 16 2008 529 555
47. R.R. Yager On ordered weighted averaging aggregation operators in multi-criteria decision making IEEE Transactions on Systems, Man and Cybernetics, B 18 1988 183 190
48. R.R. Yager On generalized measures of realization in uncertain environments Theory and Decision 33 1992 41 69
49. R.R. Yager Families of OWA operators Fuzzy Sets and Systems 59 1993 125 148
50. R.R. Yager Quantifier guided aggregation using OWA operators International Journal of Intelligent Systems 11 1996 49 73 (Pubitemid 126595157)
51. R.R. Yager Induced aggregation operators Fuzzy Sets and Systems 137 2003 59 69
52. R.R. Yager Centered OWA operators Soft Computing 11 2007 631 639
53. R.R. Yager Using trapezoids for representing granular objects: Applications to learning and OWA aggregation Information Sciences 178 2008 363 380 (Pubitemid 47600208)
54. R.R. Yager Weighted maximum entropy OWA aggregation with applications to decision making under risk IEEE Transactions on Systems, Man and Cybernetics A 39 2009 555 564
55. R.R. Yager, and D.P. Filev Parameterized andlike and orlike OWA operators International Journal of General Systems 22 1994 297 316
56. R.R. Yager, and D.P. Filev Induced ordered weighted averaging operators IEEE Transactions on Systems, Man and Cybernetics B 29 1999 141 150
57. R.R. Yager, and J. Kacprzyk The ordered weighted averaging operators: Theory and applications 1997 Kluwer Academic Publishers Norwell, MA