Characterization of the Row Geometric Mean Ranking with a Group Consensus Axiom
László Csató
Group Decision and Negotiation, 2018, vol. 27, issue 6, No 6, 1027 pages
Abstract:
Abstract An axiomatic approach is applied to the problem of extracting a ranking of the alternatives from a pairwise comparison ratio matrix. The ordering induced by row geometric mean method is proved to be uniquely determined by three independent axioms, anonymity (independence of the labelling of alternatives), responsiveness (a kind of monotonicity property) and aggregation invariance, which requires the preservation of group consensus, that is, the pairwise ranking between two alternatives should remain unchanged if unanimous individual preferences are combined by geometric mean.
Keywords: Decision analysis; Pairwise comparisons; Ranking; Geometric mean; Axiomatic approach; Characterization; 90B50; 91B08 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:grdene:v:27:y:2018:i:6:d:10.1007_s10726-018-9589-3
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DOI: 10.1007/s10726-018-9589-3
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