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Determining attribute weights using mathematical programming

Larry E. Shirland, Richard R. Jesse, Ronald L. Thompson and Charalambos L. Iacovou

Omega, 2003, vol. 31, issue 6, 423-437

Abstract: Group decisions are an important element of successful knowledge management in organizations. Such decisions are difficult to make, however, especially when they involve a large set of attributes that require decision-makers to develop rankings. This paper presents a goal programming model for determining constrained regression estimates of attribute weights. The model is developed using pair-wise comparison ratings that are derived by using triads of the attributes. In addition, metrics are presented for measuring individual and group consensus. A specific application to the health care industry is presented to illustrate results that are obtained from the model.

Keywords: Goal; programming; Integer; programming; Decision; making; Attribute; prioritization; Quantitative; techniques/methodology (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (9)

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