Interval-valued intuitionistic fuzzy combined weighted averaging operator for group decision making

Abstract Determining the attribute weights, in the multiple attribute group decision-making analysis with interval-valued intuitionistic fuzzy information, plays a crucial role because of its direct effect on the optimal alternative. In this paper, we develop a new attribute weight based on the support and entropy measure of attribute values. Then, the interval-valued intuitionistic fuzzy combined weighted averaging (IVIFCWA) operator is proposed and its some primary properties are discussed. The IVIFCWA operator’s attribute values take the form of interval-valued intuitionistic fuzzy numbers and the principal component of the interval-valued intuitionistic fuzzy number is fully taken into account. Finally, a numerical example concerning the investment strategy is given to illustrate the validity and applicability of the proposed method.