Practical decision situations are becoming increasingly complicated. It is common for a person to select or rank alternatives with respect to multiple attributes, and the TODIM (an acronym in Portuguese of interactive and multiple attribute decision making) method, which is one of the first multiple attribute decision making (MADM) methods based on prospect theory, has received more attention d...

This paper introduces TODIM-FSE, a multicriteria method for classifying alternatives based on Prospect Theory. TODIM-FSE therefore relies on the TODIM method combined with the Fuzzy Synthetic Evaluation approach. TODIM-FSE makes use of the innovative “contribution” concept, not used previously for multicriteria classification purposes. This notion is central to the classification procedure of T...

The TODIM method, which is an acronym in Portuguese for Iterative Multi-criteria Decision Making, is one of the first Multi-Criteria Decision Making (MCDM) founded on prospect Theory. One of the strong attributes is its capacity to treat risk MCDM problems. Nevertheless, TODIM in its original formulation is not able to take into account uncertain information of the decision matrix. In order to ...

Recently, the TODIM has been used to solve multiple attribute decision making (MADM) problems. The single-valued neutrosophic sets (SVNSs) are useful tools to depict the uncertainty of the MADM. In this paper, we will extend the TODIM method to the MADM with the single-valued neutrosophic numbers (SVNNs). Firstly, the definition, comparison, and distance of SVNNs are briefly presented, and the ...

This paper introduces a multi-criteria method for solving classification problems, called TODIM-FSE. This name was chosen because its structure merges characteristics from two different methods: TODIM and FSE. In order to demonstrate TODIM-FSE, a model was constructed aimed at helping potential users to decide upon suitable contingency plans for oil spill situations. The model is envisaged as e...

Many multi-criteria decision making (MCDM) methods have been proposed to handle uncertain decision making problems. Most of them are based on fuzzy numbers and they are not able to cope with risk in decision making. In recent years, some MCDM methods based on prospect theory to handle risk MCDM problems have been developed. In this paper, we propose the Fuzzy TODIM for group decision making, so...

The TODIM is a valuable technique for solving classical MCDM problems in case of considering the decision maker’s psychological behavior. One main goal of this chapter is to introduce the measured functions-based hesitant fuzzy TODIM technique to deal with the behavioral MCDM problem under hesitant fuzzy environments. The main advantages of this technique are that (1) it can handle the MCDM pro...

In the last few years, several Multi-criteria Decision Making (MCDM) methods have been proposed. One of these methods, known as TODIM (an acronym in Portuguese for Interative Multi-criteria Decision Making), has been extended to uncertain MCDM problems. Firstly, using fuzzy numbers and recently using intuitionistic fuzzy numbers. The recently developed intuitionistic fuzzy TODIM, for short, IFT...

In this paper a multi-criteria decision aiding model is developed through the use of the Choquet integral. The proposed model is an extension of the TODIM method, which is based on nonlinear Cumulative Prospect Theory. The paper starts by reviewing the first steps of behavioral decision theory. A presentation of the TODIM method follows. The basic concepts of the Choquet integral as related to ...

The aim of this paper was to explore decision-making using Pythagorean fuzzy sets with an acronym in Portuguese for Interactive multi-criteria decision making (TODIM) approach. We propose a novel model that TODIM integrates the technique order preference by similarity ideal solution (TOPSIS) and concepts solve problems related core alternatives facing innovative companies under bullwhip effect ...