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On a preference analysis in a group decision making

Jiri Mazurek

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of the paper is to provide several quantitative measures concerning preference structure in a group decision making setting. These measures enable to assess group and individual discord, core preferences and outliers, or to find a consensus, where a consensus is defined as a preference with a minimum sum of distances to other preferences. Also, it is shown that a distance of a consensus to a median preference is upper bounded, which might reduce a search for a consensus significantly.

Keywords: consensus; decision making; distance; discord; geometric median; group decision making; group discord; preference; preference structure. (search for similar items in EconPapers)
JEL-codes: D7 D70 (search for similar items in EconPapers)
Date: 2015-06-12
New Economics Papers: this item is included in nep-cdm, nep-gth and nep-mic
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