A fuzzy DEMATEL – Fuzzy Binary Logistic Regression approach to evaluate and prioritize risks and simulated annealing optimization algorithm (an empirical study in energy projects)

Purpose The aim of this paper is to predict and minimize the risks of oil, gas and petrochemical projects. Besides, reducing the likelihood of occurrence and minimizing risks impact on the projects to reduce the probable costs and improve the economic situation is another purpose of this paper. Design/methodology/approach This paper provides a fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) – a technique that assist to solve...