Enhanced LogTODIM-TOPSIS framework for interval-valued intuitionistic fuzzy MAGDM and applications to intangible assets operational management performance evaluation of commercial sporting events

Abstract

The effective operation of intangible assets in commercial sports events can bring long-term, sustainable, and large-scale economic benefits to sports events. However, currently, in the operation of commercial sports events, the lack of experience in hosting events often hinders the development of intangible assets that should have created higher profits, and cannot achieve the expected value. The intangible assets operational management performance (IAOMP) evaluation of commercial sporting events is the multiple-attribute group decision-making (MAGDM). The Logarithmic TODIM (LogTODIM) and TOPSIS technique was brought forward the MAGDM. The interval-valued intuitionistic fuzzy sets (IVIFSs) are brought forward as the useful technique for coping with uncertain and fuzzy information during the IAOMP evaluation of commercial sporting events. In this study, the interval-valued intuitionistic fuzzy number Logarithmic TODIM-TOPSIS (IVIFN-LogTODIM-TOPSIS) technique is brought forward the MAGDM under IVIFSs circumstances. Finally, the numerical example for IAOMP evaluation of commercial sporting events is brought forward to verify the IVIFN-LogTODIM-TOPSIS technique. The main contribution of this study is brought forward: (1) the LogTODIM-TOPSIS was extended to IVIFSs in light with MEREC model; (2) the MEREC model is brought forward to derive weight in light with score information values under IVIFSs circumstances. (3) the IVIFN-LogTODIM-TOPSIS is brought forward for MAGDM under IVIFSs circumstances; (4) the numerical example for IAOMP evaluation of commercial sporting events and several different comparative analysis is brought forward to verify the IVIFN-LogTODIM-TOPSIS model.

Keywords

• MAGDM issue
• IVIFSs
• LogTODIM technique
• TOPSIS technique
• Performance evaluation