2016
DOI: 10.1111/itor.12315
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Group decision making with incomplete information: a dominance and quasi‐optimality volume‐based approach using Monte‐Carlo simulation

Abstract: In this paper, we present a comprehensive framework for multiattribute group decision making considering that neither information about individual preferences nor the importance of individual decision makers for the group is available in exact form. We study several different forms of incomplete preference information, including a ranking of attribute weights, ranking of values of alternatives in each attribute, and ranking of value differences. Our approach is based on relative volumes in parameter space and … Show more

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Cited by 10 publications
(4 citation statements)
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“…In the near future, we shall pay attention to the consensus reaching process and how to deal with the situations when criteria weights are incompletely known [77][78][79][80][81][82].…”
Section: Discussionmentioning
confidence: 99%
“…In the near future, we shall pay attention to the consensus reaching process and how to deal with the situations when criteria weights are incompletely known [77][78][79][80][81][82].…”
Section: Discussionmentioning
confidence: 99%
“…This results in incomplete FPRs where missing values have to be estimated. Several methods have been proposed so far for this purpose, like the ones in [20][29]- [35]. In particular, we focus on the model discussed in [30] because missing values are estimated combining additive reciprocity and additive transitivity properties.…”
Section: A Dealing With Incomplete Informationmentioning
confidence: 99%
“…Moreover, the methods proposed here can be used in other contexts that use utility functions, such as decision trees, game theory and negotiation analysis, where simulation approaches can also be used to inform decision making. For instance, Sarabando et al (2019) proposed the use of simulation to help a mediator propose agreements in bilateral negotiations, with uncertainty about the utilities of the negotiating parties.…”
Section: Introductionmentioning
confidence: 99%