Maximizing Consensus in Portfolio Selection in Multicriteria Group Decision Making

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dc.cclicenceCC-BYen
dc.contributor.authorEmmerich, M. T. M.en
dc.contributor.authorDeutz, A.en
dc.contributor.authorLi, Longmeien
dc.contributor.authorMaulana, A.en
dc.contributor.authorYevseyeva, Irynaen
dc.date.accessioned2017-03-09T11:51:56Z
dc.date.available2017-03-09T11:51:56Z
dc.date.issued2016-10-04
dc.descriptionOpen Access articleen
dc.description.abstractThis paper deals with a scenario of decision making where a moderator selects a (sub)set (aka portfolio) of decision alternatives from a larger set. The larger the number of decision makers who agree on a solution in the portfolio the more successful the moderator is. We assume that decision makers decide independently from each other but indicate their preferences with respect to different objectives in terms of desirability functions, which can be interpreted as cumulative (probability) density functions. A procedure to select a solution with maximal expected number of decision makers that accept it is provided. Moreover, this is generalized to sets of solutions. An algorithm for computing and maximizing the expected number of decision makers that can agree on at least one solution in a subset of decision alternatives is developed. Computational aspects, as well as practical examples for using this for item selection from a database will be discussed.en
dc.exception.reasonopen access articleen
dc.fundern/aen
dc.identifier.citationEmmerich, M. et al. (2016) Maximizing Consensus in Portfolio Selection in Multicriteria Group Decision Making. Procedia Computer Science, 100, pp. 848-855en
dc.identifier.doihttps://doi.org/10.1016/j.procs.2016.09.234
dc.identifier.urihttp://hdl.handle.net/2086/13510
dc.language.isoenen
dc.peerreviewedYesen
dc.projectidn/aen
dc.publisherElsevieren
dc.researchinstituteCyber Technology Institute (CTI)en
dc.titleMaximizing Consensus in Portfolio Selection in Multicriteria Group Decision Makingen
dc.typeArticleen

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