Bonferroni means with the induced owawa operator

Leon-Castro, E; Blanco-Mesa, F; Merigó, JM

Bonferroni means with the induced owawa operator

Leon-Castro, E Blanco-Mesa, F Merigó, JM

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Publisher:: International Association for Fuzzy Sets Management and Economy (SIGEF)
Publication Type:: Journal Article
Citation:: Fuzzy Economic Review, 2020, 25, (1), pp. 23-34
Issue Date:: 2020-01-01

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Field	Value	Language
dc.contributor.author	Leon-Castro, E
dc.contributor.author	Blanco-Mesa, F
dc.contributor.author	Merigó, JM
dc.date.accessioned	2021-06-03T08:48:12Z
dc.date.available	2021-06-03T08:48:12Z
dc.date.issued	2020-01-01
dc.identifier.citation	Fuzzy Economic Review, 2020, 25, (1), pp. 23-34
dc.identifier.issn	1136-0593
dc.identifier.issn	2445-4192
dc.identifier.uri	http://hdl.handle.net/10453/149396
dc.description.abstract	The induced ordered weighted average is an averaging aggregation operator that provides a parameterized family of aggregation operators between the minimum and the maximum. This paper presents a new operator that takes into the same formulation the IOWA operator and the Bonferroni means. This new operator is called Bonferroni Induced Ordered Weighted Averaging-Weighted Average (BON-IOWAWA) operator. The main advantage of this approach is the possibility of reordering the results according to complex ranking processes based on order inducing variables. The article also considers the applicability of the new approach in the decision-making process in the selection of investment.
dc.language	en
dc.publisher	International Association for Fuzzy Sets Management and Economy (SIGEF)
dc.relation.ispartof	Fuzzy Economic Review
dc.relation.isbasedon	10.25102/fer.2020.01.02
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	14 Economics
dc.title	Bonferroni means with the induced owawa operator
dc.type	Journal Article
utslib.citation.volume	25
utslib.for	1403 Econometrics
utslib.for	14 Economics
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Information, Systems and Modelling
utslib.copyright.status	closed_access	*
dc.date.updated	2021-06-03T08:48:11Z
pubs.issue	1
pubs.publication-status	Published
pubs.volume	25
utslib.citation.issue	1

Abstract:

The induced ordered weighted average is an averaging aggregation operator that provides a parameterized family of aggregation operators between the minimum and the maximum. This paper presents a new operator that takes into the same formulation the IOWA operator and the Bonferroni means. This new operator is called Bonferroni Induced Ordered Weighted Averaging-Weighted Average (BON-IOWAWA) operator. The main advantage of this approach is the possibility of reordering the results according to complex ranking processes based on order inducing variables. The article also considers the applicability of the new approach in the decision-making process in the selection of investment.

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http://hdl.handle.net/10453/149396