Simple additive weighting and weighted product methods using neutrosophic sets

Eda Boltürk*, Ali Karaşan, Cengiz Kahraman

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

17 Citations (Scopus)

Abstract

Scoring methods are the most frequently used multiple attribute decision-making methods because of their simplicity and efficiency. In this chapter, Simple Additive Weighting (SAW) and Weighted Product Methods (WPM) are extended to their fuzzy versions by using neutrosophic sets. These sets not only handle the vagueness but also clarify indeterminacy of decision makers’ opinions. This also lets us discriminate between relativity and absoluteness. We apply interval-valued neutrosophic SAW and WPM methods for selection of insurance options.

Original languageEnglish
Title of host publicationStudies in Fuzziness and Soft Computing
PublisherSpringer Verlag
Pages647-676
Number of pages30
DOIs
Publication statusPublished - 2019

Publication series

NameStudies in Fuzziness and Soft Computing
Volume369
ISSN (Print)1434-9922

Bibliographical note

Publisher Copyright:
© Springer Nature Switzerland AG 2019.

Keywords

  • Insurance options
  • Interval-valued
  • Neutrosphic set
  • Scoring method
  • Simple additive weighting
  • Weighted product method

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