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    ARTICLE

    Prospect Theory Based Hesitant Fuzzy Multi-Criteria Decision Making for Low Sulphur Fuel of Maritime Transportation

    Changli Lu1, Ming Zhao1,2, Imran Khan3, Peerapong Uthansakul4,*

    CMC-Computers, Materials & Continua, Vol.66, No.2, pp. 1511-1528, 2021, DOI:10.32604/cmc.2020.012556

    Abstract The environmental impact of maritime transport has now become a relevant issue in sustainable policy formulation and has attracted increasing interest from academia. For the sustainable development of maritime transport, International Maritime Organization stipulates that the sulfur content of ship emissions will reach 0.5 from 2020. With the approaching of the stipulated implementation date, shipowners need to adopt scientific methods to make decision on low sulfur fuel. In this study, we applied a prospect theory based hesitant fuzzy multi-criteria decision-making model to obtain the optimal decision of low Sulphur marine fuel. For this purpose, the hesitant fuzzy decision matrix is… More >

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