Name
Abstract | ||
|---|---|---|
We consider the problem of helping a decision maker DM choose from a set of multiattributed objects when her preferences are “concavifiable,” i.e. representable by a concave value function. We establish conditions under which preferences or preference intensities are concavifiable. We also derive a characterization for the family of concave value functions compatible with a set of such preference statements expressed by the DM. This can be used to validate dominance relations over discrete sets of alternatives and forms the basis of an interactive procedure. We report on the practical use of this procedure with several DMs for a flat-choice problem and its computational performance on a set of project-portfolio selection problem instances. The use of preference intensities is found to provide significant improvements to the performance of the procedure. |
Year | DOI | Venue |
|---|---|---|
2014 | 10.1287/opre.2014.1274 | Operations Research |
Keywords | Field | DocType |
theory,programming,decision analysis,value theory | Decision analysis,Mathematical optimization,Multiple-criteria decision analysis,Multiple criteria,Bellman equation,Value theory,Operations management,Mathematics,Decision maker | Journal |
Volume | Issue | ISSN |
62 | 3 | 0030-364X |
Citations | PageRank | References |
9 | 0.51 | 11 |
Authors | ||
3 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Nikolaos Argyris | 1 | 12 | 1.59 |
| Alec Morton | 2 | 109 | 10.01 |
| José Rui Figueira | 3 | 852 | 59.84 |