Utility Function for modeling Group Multicriteria Decision Making problems as games. (2016)

• Record Type: Journal Article
• Authors: Leoneti, Alexandre Bevilacqua
• Is Part Of: Operations research perspectives. Volume 3(2016)
• Page Start: 21
• Page End: 26
• Publication Date: 2016
• Subjects: Utility function -- Group Multicriteria Decision -- MAUT -- Game Theory; Operations research -- Periodicals; Management science -- Periodicals; 658.403405
• DOI: 10.1016/j.orp.2016.04.001
• Languages: English
• ISSNs: 2214-7160

Abstract

Abstract: To assist in the decision making process, several multicriteria methods have been proposed. However, the existing methods assume a single decision-maker and do not consider decision under risk, which is better addressed by Game Theory. Hence, the aim of this research is to propose a Utility Function that makes it possible to model Group Multicriteria Decision Making problems as games. The advantage of using Game Theory for solving Group Multicriteria Decision Making problems is to evaluate the conflicts between the decision makers using a strategical approach.