Multi-criteria group decision making based on bilateral agreements
Meimei Xia and
Jian Chen
European Journal of Operational Research, 2015, vol. 240, issue 3, 756-764
Abstract:
In multi-criteria group decision making, a key issue is aggregating individual preference into group one. In this study, we employ a bilateral agreement to conduct group evaluation of alternatives. The bilateral agreement between a pair of individuals could be on the weight of a criterion, a criterion evaluation function, or willingness to pay. Any one of three types of bilateral agreements can derive the group utility. To express the relationship between the bilateral agreement and individual evaluations, the quasi-arithmetic mean is used, which can ensure the consistency property of the pairwise comparison matrices. The minimum requirements are explored to obtain the group preference, which shows that n−1 pairs of bilateral agreements are necessary. Finally, several examples are provided to illustrate the proposed methods.
Keywords: Multiple criteria analysis; Group decision making; Bilateral agreements; Quasi-arithmetic mean; Pairwise comparison matrix (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221714006018
Full text for ScienceDirect subscribers only
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:eee:ejores:v:240:y:2015:i:3:p:756-764
DOI: 10.1016/j.ejor.2014.07.035
Access Statistics for this article
European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati
More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().