English

Supporting the robust ordinal regression approach to multiple criteria decision aiding with a set of representative value functions

Optimization and Control 2021-07-19 v1 General Economics Economics

Abstract

In this paper we propose a new methodology to represent the results of the robust ordinal regression approach by means of a family of representative value functions for which, taken two alternatives aa and bb, the following two conditions are satisfied: 1) if for all compatible value functions aa is evaluated not worse than bb and for at least one value function aa has a better evaluation, then the evaluation of aa is greater than the evaluation of bb for all representative value functions; 2) if there exists one compatible value function giving aa an evaluation greater than bb and another compatible value function giving aa an evaluation smaller than bb, then there are also at least one representative function giving a better evaluation to aa and another representative value function giving aa an evaluation smaller than bb. This family of representative value functions intends to provide the Decision Maker (DM) a more clear idea of the preferences obtained by the compatible value functions, with the aim to support the discussion in constructive approach of Multiple Criteria Decision Aiding.

Keywords

Cite

@article{arxiv.2107.07553,
  title  = {Supporting the robust ordinal regression approach to multiple criteria decision aiding with a set of representative value functions},
  author = {Sally Giuseppe Arcidiacono and Salvatore Corrente and Salvatore Greco},
  journal= {arXiv preprint arXiv:2107.07553},
  year   = {2021}
}