A bi-projection model based on linguistic terms with weakened hedges and its application in risk allocation

Risk allocation is a key point to improve the efficiency of the public private partnership (PPP) project. During the process of risk allocation, qualitative information cannot be avoided. A bi-projection model is proposed to resolve the qualitative decision-making (QDM) problem in the process of risk allocation when qualitative information is represented by linguistic terms with weakened hedges (LTWHs). The semantics and syntax of LTWHs are...