A Distance-Based Consensus Model with Flexible Choice of Rank-Position Weights

Ignacio Contreras ()
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Ignacio Contreras: University Pablo de Olavide

Group Decision and Negotiation, 2010, vol. 19, issue 5, No 3, 456 pages

Abstract: Abstract In this paper we propose a preference aggregation procedure for those cases in which the decision-makers express their preferences by means of a ranking of alternatives. Among the most applied methods for this purpose are those inspired by the Borda–Kendall rule, which attach to each alternative an aggregated value of the votes received in the different rank positions, and those based on distance measures between individual and collective preferences, which look for the solution that maximizes the consensus. The main idea here is to integrate these two approaches. Taking into account that the information about the values of weights or utilities assigned to each rank position is imprecise, we propose an evaluation of the alternatives using that vector of weights that minimizes the disagreement between DMs. In order to solve the problem, mixed-integer linear programming models are constructed. Two numerical examples are examined to illustrate the applicability of the proposed procedure.

Keywords: Ranking; Preference aggregation; Incomplete information; Compromise solution (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (7)

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DOI: 10.1007/s10726-008-9127-9

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