Using convex preference cones in multiple criteria decision making and related fields

Nasim Nasrabadi, Akram Dehnokhalaji, Pekka Korhonen and Jyrki Wallenius ()
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Nasim Nasrabadi: University of Birjand
Akram Dehnokhalaji: Aston University
Jyrki Wallenius: Aalto University School of Business

Journal of Business Economics, 2019, vol. 89, issue 6, No 4, 699-717

Abstract: Abstract This paper reviews our own and colleagues’ research on using convex preference cones in multiple criteria decision making and related fields. The original paper by Korhonen, Wallenius, and Zionts was published in Management Science in 1984. We first present the underlying theory, concepts, and method. Then we discuss applications of the theory, particularly for finding the most preferred alternative, finding a partial and total rank ordering of alternatives, as well as developing algorithms for solving multi-objective integer and other optimization problems.

Keywords: Multiple criteria decision making; Discrete; Convex preference cones; Data envelopment analysis; Integer programming (search for similar items in EconPapers)
JEL-codes: C6 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s11573-019-00935-4

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