Decision support system based on bipolar complex fuzzy Hamy mean operators

Abstract

The important feature of the multi-attribute decision-making (MADM) technique is to identify an ideal solution and aggregate collective cognitive fuzzy information of human opinion. To serve this purpose, we explore the concepts of the bipolar complex fuzzy set with positive and negative support terms. A few applications of the Hamy mean (HM) and Dual Hamy mean (DHM) models are also discussed to find out the relationship among input arguments or different preferences. For this, we derive a family of mathematical approaches by incorporating the theory of bipolar complex fuzzy information such as bipolar complex fuzzy Hamy mean (BCFHM), bipolar complex fuzzy weighted Hamy mean (BCFWHM), bipolar complex fuzzy Dual Hamy mean (BCFDHM), and bipolar complex fuzzy weighted Dual Hamy mean (BCFWDHM) operators. Derived mathematical approaches are more applicable and can express the influence of uncertain information due to the involvement of additional parameter values. Based on diagnosed research work and mathematical methodologies, we establish a decision algorithm for the MADM problem to resolve real-life dilemmas. An experimental case study demonstrates the compatibility of derived approaches and evaluates the investment policy's sustainability based on certain parameters. The advantages and consistency of the proposed research work are verified in the comparative study with various existing aggregation operators.

Keywords

• Bipolar complex fuzzy values
• Hamy mean
• Aggregation operators
• Multi-attribute decision-making
• Investment Policy