Shun Ma1, Na Yu1, Xiuna Wang2, Shiyan Mei1, Mingrui Zhao2,*, Xiaoyu Han2
Energy Engineering, Vol.120, No.10, pp. 2369-2392, 2023, DOI:10.32604/ee.2023.028727
Abstract Using the improved prospect theory with the linear transformations of rewarding good and punishing bad (RGPBIT), a new investment ranking model for power grid construction projects (PGCPs) is proposed. Given the uncertainty of each index value under the market environment, fuzzy numbers are used to describe qualitative indicators and interval numbers are used to describe quantitative ones. Taking into account decision-maker’s subjective risk attitudes, a multi-criteria decision-making (MCDM) method based on improved prospect theory is proposed. First, the [−1, 1] RGPBIT operator is proposed to normalize the original data, to obtain the best and worst schemes of PGCPs. Furthermore, the… More >
Login
Register
