Consensus efficiency in group decision making: A comprehensive comparative study and its optimal design

Hengjie Zhang, Yucheng Dong, Francisco Chiclana and Shui Yu

European Journal of Operational Research, 2019, vol. 275, issue 2, 580-598

Abstract: Consensus reaching processes (CRPs) aim to help decision-makers achieve agreement regarding the solution to a common decision problem, and consequently play an increasingly important role in the resolution of group decision making (GDM) problems. To date, a large number of CRPs have been reported. However, there is a lack of a general framework and criteria to evaluate the efficiency of the different CRPs. This paper aims to fill this gap in the research literature on CRPs. To achieve this goal, firstly, a comprehensive review regarding the different approaches to CRP is reported, and a series of CRPs as the comparison objects are presented. Secondly, the following comparison criteria for measuring the efficiency of CPRs are proposed: the number of adjusted decision-makers, the number of adjusted alternatives, the number of adjusted preference values, the distance between the original and the adjusted preference information (adjustment cost), and the number of negotiation rounds required to reach consensus. Following this, a detailed simulation experiment is designed to analyze the efficiency of different CRPs under the mentioned different comparison criteria. Furthermore, new multi-stage optimization-based CRPs are also developed, which the simulation experiment shows to have better comprehensive consensus efficiency in different GDM settings.

Keywords: Group decisions and negotiations; Consensus reaching process; Consensus efficiency; Optimization (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:275:y:2019:i:2:p:580-598

DOI: 10.1016/j.ejor.2018.11.052

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