In this paper, we have considered an intuitionistic fuzzy entropy with both the uncertainty and hesitancy degree of IF sets. Based on this IF entropy, a new decision-making method of a multi-attribute decision making problem (MADM) has been introduced in which attribute values are expressed with IF values. In the case of attribute weight, a case with partially known attribute weights is discuss...

rapid technological and economic growth over the last several decades has changed human lives and made modern society face complex decision making problems. these kinds of problems are characterized by incommensurate and conflicting criteria or objectives such as cost, reliability, performance, safety and productivity. multi criteria decision making is an approach that can be used to deal compl...

Money laundering is among the most common financial crimes that negatively affect countries' economies and hurt their social and political relations. With the increasing growth of e-banking and the increase in electronic financial transactions, the identification of money laundering methods and behaviors has become more complex; because money launderers, by accessing the Internet and using new ...

Connections between information theory and decision under uncertainty have been attracting attention in econophysics, neuroeconomics and quantum decision theory. This paper proposes a psychophysical theory of Shannon entropy based on a mathematical equivalence of delay and uncertainty in decision-making, and psychophysics of the perception of waiting time in probabilistic choices. Furthermore, ...

In the present paper, a new entropy of order and type on Interval-Valued Intutionistic Fuzzy Sets (IVIFSs) along with their proofs of validity is proposed. It has been proved that the proposed entropy has monotonic decreasing behavior with respect to and . Further, a new algorithm for multiple attribute decision making method (MADM) has been provided using the benefit attributes and cost attrib...