EconPapers    
Economics at your fingertips  
 

An optimisation-based method to conduct consistency and consensus in group decision making under probabilistic uncertain linguistic preference relations

Yongming Song, Guangxu Li, Daji Ergu and Na Liu

Journal of the Operational Research Society, 2022, vol. 73, issue 4, 840-854

Abstract: The use of probabilistic uncertain linguistic preference relations (PULPRs) enriches the flexibility of decision makers (DMs) in group decision making (GDM). However, the GDM models under PULPRs are mainly focussed on the consensus reaching process rather than the individual consistent improvement. The goal of this paper is to manage the consistency and consensus in GDM based on PULPRs, and provide a feasible method for minimising the preference information loss by optimisation model. First, according to DMs’ psychological preferences (optimistic, pessimistic, and neutral characteristics), we proposed a conversion function to fit uncertain linguistic terms in PULPRs, which may be transformed into probabilistic linguistic preference relations. Second, to preserve as much as possible the original preference information of DMs, a consensus model based on optimisation is established, which not only obtains the acceptable group consensus but also guarantees that the consistency level of individuals is acceptable. Finally, we validated the proposed method through a case study of an investment project selection for central enterprises’ poverty alleviation fund. The proposed method provides a new way to deal with GDM problems under PULPRs, and help DMs to reach a certain level of consensus on basis of acceptable consistent level of individuals.

Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/01605682.2021.1873079 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:taf:tjorxx:v:73:y:2022:i:4:p:840-854

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/tjor20

DOI: 10.1080/01605682.2021.1873079

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald

More articles in Journal of the Operational Research Society from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:tjorxx:v:73:y:2022:i:4:p:840-854