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http://dx.doi.org/10.7232/JKIIE.2012.38.1.057

Multi-Criteria Group Decision Making Considering the Willingness to Reject and the Indifferent Preference  

Choi, Ji-Yoon (Department of Industrial Management Engineering, Korea University)
Kim, Jae-Hee (Division of Business Administration, Chonbuk National University)
Kim, Sheung-Kown (Graduate School of Management of Technology, Korea University)
Publication Information
Journal of Korean Institute of Industrial Engineers / v.38, no.1, 2012 , pp. 57-66 More about this Journal
Abstract
The paper deals with the development of a model for group decision making under multiple criteria. The Multi-criteria group decision making (MCGDM) is the process to determine the best compromise solution in a set of competing alternatives that are evaluated by decision makers having their own preferences on conflicting objectives. For MCGDM, we propose a Mixed-Integer Programming (MIP) model that implements a revised median approach by noticing that the original median approach cannot consider the willingness to reject and the indifferent preference conditions. The proposed MIP model tries to select a common best Pareto-optimal solution by maximizing the overall desirability considering the willingness to reject and the indifferent preference that represent the tolerance measure of each decision maker. To evaluate the effectiveness of the proposed model, we compared the results of the proposed model with those of the median approach. The results showed that the proposed MIP model produces more realistic and better compromised alternative by incorporating the decision maker's willingness to reject and the indifferent preferences over each criteria.
Keywords
Median Approach; Willingness to Reject; Indifference; Mixed-Integer Programming; Multi-Criteria Group Decision Making;
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