Economics at your fingertips  

Consensus Measure with Multi-stage Fluctuation Utility Based on China’s Urban Demolition Negotiation

Zaiwu Gong (), Chao Xu, Francisco Chiclana and Xiaoxia Xu
Additional contact information
Zaiwu Gong: Nanjing University of Information Science and Technology
Chao Xu: Nanjing University of Information Science and Technology
Francisco Chiclana: De Montfort University
Xiaoxia Xu: Nanjing University of Information Science and Technology

Group Decision and Negotiation, 2017, vol. 26, issue 2, No 6, 379-407

Abstract: Abstract Utility functions are often used to reflect decision makers’ (DMs’) preferences. They have the following two merits: one refers to the representation of the DM’s utility (satisfaction) level, the other one to the measuring of the consensus level in a negotiation process. Taking the background of China’s urban house demolition, a new kind of consensus model is established by using different types of multi-stage fluctuation utility functions, such as concave, convex, S-shaped, reversed S-shaped, reversed U-shaped as well as their combinations, to reveal negotiators’ dynamic physiological preferences and consensus level. Moreover, the effects of the decision-making budget and the individual compensation tolerance on the consensus level are also discussed in this paper. Compared with previous research, the proposed model takes both the negotiation cost and DM’s preference structure into consideration, and most importantly, it is computational less complex.

Keywords: Consensus decision making; Utility function; Piecewise linear preference; Consensus level; Linear optimization (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Group Decision and Negotiation is currently edited by Gregory E. Kersten

More articles in Group Decision and Negotiation from Springer
Series data maintained by Sonal Shukla ().

Page updated 2018-02-15
Handle: RePEc:spr:grdene:v:26:y:2017:i:2:d:10.1007_s10726-016-9486-6