Author:
Yang Baohua,Jiang Junming,Zhao Jinshuai
Abstract
PurposeThe purpose of this study is to construct a gray relational model based on information diffusion to avoid rank reversal when the available decision information is insufficient, or the decision objects vary.Design/methodology/approachConsidering that the sample dependence of the ideal sequence selection in gray relational decision-making is based on case sampling, which causes the phenomenon of rank reversal, this study designs an ideal point diffusion method based on the development trend and distribution skewness of the sample information. In this method, a gray relational model for sample classification is constructed using a virtual-ideal sequence. Subsequently, an optimization model is established to obtain the criteria weights and classification radius values that minimize the deviation between the comprehensive relational degree of the classification object and the critical value.FindingsThe rank-reversal problem in gray relational models could drive decision-makers away from using this method. The results of this study demonstrate that the proposed gray relational model based on information diffusion and virtual-ideal sequencing can effectively avoid rank reversal. The method is applied to classify 31 brownfield redevelopment projects based on available interval gray information. The case analysis verifies the rationality and feasibility of the model.Originality/valueThis study proposes a robust method for ideal point choice when the decision information is limited or dynamic. This method can reduce the influence of ideal sequence changes in gray relational models on decision-making results considerably better than other approaches.
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