Interval-Valued Complex Fuzzy Sets and Its Application to the Malaysian Economy

Inthisarticle,theauthorsintroducetwonewoperationsfortheinterval-valuedcomplexfuzzyset model, and study the fundamental algebraic properties of these new operations. The utility and applicabilityoftherelationsofthismodelisthendemonstratedbyapplyingittoaneconomicsproblem. Theinterpretationofthisexampleisprovidedandsupportedbyreal-lifeincidencesthattookplace intheMalaysianeconomyinrecentyears.Lastly,abriefcomparativeanalysisoftheIV-CFSmodel andothersimilarmodelsarepresented. KEywoRdS Complex Fuzzy Set, Decision Making, Fuzzy Set, Interval-Valued Complex Fuzzy Set

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