MCDM Application of the Third Vote

Andranik Tangian ()
Additional contact information
Andranik Tangian: Karlsruhe Institute of Technology

Group Decision and Negotiation, 2021, vol. 30, issue 4, No 2, 775-787

Abstract: Abstract When choosing among alternatives, group members may have various preferences regarding the properties of a solution being sought. Since the properties partially do and partially do not meet their collective wishes, the alternatives are in fact better or worse representatives of the collective will. This idea is implemented in the so-called Third Vote election method aimed at enhancing policy representation, and we show how to use it for collective multi-criteria decision making. To be specific, we consider an example of a committee charged with naming a campus library when neither plurality vote nor Condorcet method nor Borda count gives a unique solution. The committee members have differing opinions, such as whether the library should reflect the national affiliation, be named after a great man, relate to sciences, and so forth. Balancing opinion on these issues, the proposed library names are evaluated and the optimal compromise is found.

Keywords: Collective multi-criteria decisions; Third Vote election method; Theory of voting (search for similar items in EconPapers)
JEL-codes: D71 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10726-021-09733-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:grdene:v:30:y:2021:i:4:d:10.1007_s10726-021-09733-2

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10726/PS2

DOI: 10.1007/s10726-021-09733-2

Access Statistics for this article

Group Decision and Negotiation is currently edited by Gregory E. Kersten

More articles in Group Decision and Negotiation from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().