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Compromise programming: Non-interactive calibration of utility-based metrics

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  • Kanellopoulos, A.
  • Gerdessen, J.C.
  • Claassen, G.D.H.

Abstract

Utility functions have been used widely to support multi-objective decision-making. Expansion of a general additive utility function around the ideal results in a composite linear-quadratic metric of a compromise programming problem. Determining the unknown parameters of the composite linear-quadratic metric requires substantial interaction with the decision maker who might not always be available or capable to participate in such a process. We propose a non-interactive method that uses information on observed attribute levels to obtain the unknown parameters of the composite linear-quadratic metric and enables forecasting and scenario analysis. The method is illustrated with a small scale numerical example.

Suggested Citation

  • Kanellopoulos, A. & Gerdessen, J.C. & Claassen, G.D.H., 2015. "Compromise programming: Non-interactive calibration of utility-based metrics," European Journal of Operational Research, Elsevier, vol. 244(2), pages 519-524.
    • Handle: RePEc:eee:ejores:v:244:y:2015:i:2:p:519-524
    DOI: 10.1016/j.ejor.2015.01.031
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    References listed on IDEAS

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    1. Büsing, Christina & Goetzmann, Kai-Simon & Matuschke, Jannik & Stiller, Sebastian, 2017. "Reference points and approximation algorithms in multicriteria discrete optimization," European Journal of Operational Research, Elsevier, vol. 260(3), pages 829-840.
    2. Rahimeh Neamatian Monemi & Shahin Gelareh & Anass Nagih & Dylan Jones, 2021. "Bi-objective load balancing multiple allocation hub location: a compromise programming approach," Annals of Operations Research, Springer, vol. 296(1), pages 363-406, January.
    3. Reidsma, Pytrik & Janssen, Sander & Jansen, Jacques & van Ittersum, Martin K., 2018. "On the development and use of farm models for policy impact assessment in the European Union – A review," Agricultural Systems, Elsevier, vol. 159(C), pages 111-125.

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