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Spread measures and their relation to aggregation functions

Marek Gagolewski

European Journal of Operational Research, 2015, vol. 241, issue 2, 469-477

Abstract: The theory of aggregation most often deals with measures of central tendency. However, sometimes a very different kind of a numeric vector’s synthesis into a single number is required. In this paper we introduce a class of mathematical functions which aim to measure spread or scatter of one-dimensional quantitative data. The proposed definition serves as a common, abstract framework for measures of absolute spread known from statistics, exploratory data analysis and data mining, e.g. the sample variance, standard deviation, range, interquartile range (IQR), median absolute deviation (MAD), etc. Additionally, we develop new measures of experts’ opinions diversity or consensus in group decision making problems. We investigate some properties of spread measures, show how are they related to aggregation functions, and indicate their new potentially fruitful application areas.

Keywords: Group decisions and negotiations; Aggregation; Spread; Deviation; Variance (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:241:y:2015:i:2:p:469-477

DOI: 10.1016/j.ejor.2014.08.034

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European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

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