A Novel SIR Approach to Closeness Coefficient-Based MAGDM Problems Using Pythagorean Fuzzy Aczel-Alsina Aggregation Operators for Investment Policy

In this study, a novel Pythagorean fuzzy aggregation operator is presented by combining the concepts of Aczel-Alsina (AA) T-norm and T-conorm operations for multiple attribute group decision-making (MAGDM) challenge for the superiority and inferiority ranking (SIR) approach. This approach has many advantages in solving real-life problems. In this study, the superiority and inferiority ranking method is illustrated and showed the effectiveness for decision makers by using multicriteria. The Aczel-Alsina aggregation operators on interval-valued IFSs, hesitant fuzzy sets (HFSs), Pythagorean fuzzy sets (PFSs), and T-spherical fuzzy sets (TSFSs) for multiple attribute decision-making (MADM) issues have been proposed in the literature. In addition, we propose a Pythagorean fuzzy Aczel-Alsina weighted average closeness coefficient (PF-AA-WA-CC) aggregation operator on the basis of the closeness coefficient for MAGDM challenges. To highlight the relevancy and authenticity of this approach and measure its validity, we conducted a comparative analysis with the method already in vogue.