MABAC method for multiple attribute group decision making under single-valued neutrosophic sets and applications to performance evaluation of sustainable microfinance groups lending

PLoS One. 2023 Jan 11;18(1):e0280239. doi: 10.1371/journal.pone.0280239. eCollection 2023.

Abstract

As an important supplement to my country's financial institutions, micro-loan companies serve "agriculture, rural areas and farmers", small and micro enterprises, and individuals, to a certain extent, alleviating the financing difficulties of such groups and regulating private finance. However, micro-loan companies only lend but do not deposit. In the process of lending, due to inadequate risk management, the risk problem has become increasingly prominent. With the continuous growth of the loan amount of rural credit and the continuous increase of microfinance groups lending customers, it faces certain problems in its risk management, which increases the risks of the company in all aspects. The performance evaluation of sustainable microfinance groups lending is a classical MAGDM issues. In such paper, the Hamming distances of single-valued neutrosophic sets (SVNSs) and maximizing deviation method (MDM) is used to obtain the attribute weights and the single-valued neutrosophic numbers MABAC(SVNN-MABAC) method is structured for MAGDM under SVNSs. Finally, an example about performance evaluation of sustainable microfinance groups lending and some comparative decision analysis are given to proof the SVNN-MABAC.

Publication types

  • Retracted Publication

MeSH terms

  • Decision Making*
  • Group Processes*
  • Humans

Grants and funding

The author(s) received no specific funding for this work.