Heuristics for prioritizing pair-wise elicitation questions with additive multi-attribute value models. (September 2017)
- Record Type:
- Journal Article
- Title:
- Heuristics for prioritizing pair-wise elicitation questions with additive multi-attribute value models. (September 2017)
- Main Title:
- Heuristics for prioritizing pair-wise elicitation questions with additive multi-attribute value models
- Authors:
- Ciomek, Krzysztof
Kadziński, Miłosz
Tervonen, Tommi - Abstract:
- Abstract: Additive value models are widely used in Multiple Criteria Decision Analysis. Direct elicitation of the value model preference parameters can impose excessive cognitive burden on the decision maker. Indirect techniques that employ pair-wise questions have been proposed for lowering the elicitation effort. In all practically relevant problems, more than a single question needs to be answered for arriving at a sufficiently precise outcome. The selection and ordering of questions affects the number of answers required for ranking the decision alternatives. However, evaluating all possible questions and answers is intractable due to the search space being, in the worst case, of factorial size. This paper develops heuristics for prioritizing pair-wise elicitation questions based on (1) necessary preference relations, (2) extreme ranks attained by the alternatives, (3) pair-wise preference indices, and (4) rank acceptability indices. We also introduce three metrics for assessing quality of a question prioritization heuristic. Numerical results allow us to identify a subset of heuristics that score well on our metrics in a variety of problem settings. This conclusion was validated in a real-world experiment where 101 subjects answered pair-wise questions to rank 10 mobile phone packages evaluated in terms of four criteria. Abstract : Highlights: We consider interactive elicitation of pair-wise comparisons for multiple criteria ranking. We present heuristics for selectingAbstract: Additive value models are widely used in Multiple Criteria Decision Analysis. Direct elicitation of the value model preference parameters can impose excessive cognitive burden on the decision maker. Indirect techniques that employ pair-wise questions have been proposed for lowering the elicitation effort. In all practically relevant problems, more than a single question needs to be answered for arriving at a sufficiently precise outcome. The selection and ordering of questions affects the number of answers required for ranking the decision alternatives. However, evaluating all possible questions and answers is intractable due to the search space being, in the worst case, of factorial size. This paper develops heuristics for prioritizing pair-wise elicitation questions based on (1) necessary preference relations, (2) extreme ranks attained by the alternatives, (3) pair-wise preference indices, and (4) rank acceptability indices. We also introduce three metrics for assessing quality of a question prioritization heuristic. Numerical results allow us to identify a subset of heuristics that score well on our metrics in a variety of problem settings. This conclusion was validated in a real-world experiment where 101 subjects answered pair-wise questions to rank 10 mobile phone packages evaluated in terms of four criteria. Abstract : Highlights: We consider interactive elicitation of pair-wise comparisons for multiple criteria ranking. We present heuristics for selecting the next pair-wise question and evaluate them in terms of three quality measures. We indicate the overall good performing heuristics which minimize the number of questions to be asked. The number of questions can be further reduced by looking ahead the next elicitation question. The simulation results are validated in a real-world experiment involving over 100 subjects. … (more)
- Is Part Of:
- Omega. Volume 71(2017:Sep.)
- Journal:
- Omega
- Issue:
- Volume 71(2017:Sep.)
- Issue Display:
- Volume 71 (2017)
- Year:
- 2017
- Volume:
- 71
- Issue Sort Value:
- 2017-0071-0000-0000
- Page Start:
- 27
- Page End:
- 45
- Publication Date:
- 2017-09
- Subjects:
- Multiple criteria decision analysis -- Multi-attribute value theory -- Pair-wise comparisons -- Preference learning -- Preference inference
Management -- Periodicals
658.4005 - Journal URLs:
- http://www.sciencedirect.com/science/journal/latest/03050483 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.omega.2016.08.012 ↗
- Languages:
- English
- ISSNs:
- 0305-0483
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 6256.426000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 984.xml