Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281468 
Year of Publication: 
2019
Citation: 
[Journal:] Amfiteatru Economic Journal [ISSN:] 2247-9104 [Volume:] 21 [Issue:] 52 [Year:] 2019 [Pages:] 682-695
Publisher: 
The Bucharest University of Economic Studies, Bucharest
Abstract: 
The picture fuzzy set (PFS) is a powerful tool to collect and handle large amounts of uncertain assess information in a new light. In this study, we explore some distance measures for the PFSs and propose Picture fuzzy ordered weighted distance measure and Picture fuzzy hybrid weighted distance measure. Some of their properties are also mathematically explored. Moreover, we introduce a model for the aforesaid distance measures to solve multiple attribute group decision making (MAGDM) method in an updated way. And at the end of our paper a practical application of investment alternatives selection is provided to illustrate the validity and applicability of the presented work.
Subjects: 
Picture fuzzy set
distance measures
ordered weighted distance
multiple attribute group decision making
investment selection
JEL: 
A12
C44
C60
D81
D89
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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