IDEAS home Printed from https://ideas.repec.org/a/eee/jomega/v129y2024ics0305048324001026.html
   My bibliography  Save this article

Integrating confidence and preservation of information in the preference elicitation process: A lexicographic order approach for inconsistent judgments

Author

Listed:
  • Ricardo, Alexandre
  • Figueira, José Rui
  • Tavares, Luís Valadares

Abstract

The Pairwise Comparison Table for the Deck of Cards Method enables the elicitation of preference parameters through an interactive process between an analyst and a Decision-Maker (DM). As in other preferences elicitation processes in Multiple Criteria Decision Aiding (MCDA) problems, this methodology can result in several inconsistent judgments. One way to address this concern is to use Linear Programming (LP) techniques to find solutions that minimize the number of initial inconsistent judgments that must be modified to restore consistency. However, since this approach does not allow further differentiating solutions, it can be inefficient in decision problems with multiple inconsistent information and several distinct solutions to overcome such inconsistencies. To enhance the decision-making process and to suggest solutions based on enriched information, we propose a new procedure for addressing inconsistent judgments based on two additional criteria to complement the minimum cardinality criterion. While the first additional criterion concerns the confidence level of the DM in their initial judgments, the second seeks to minimize the modifications made to the initial judgments to distort them as little as possible. Solving the three criteria in a specific LP-based lexicographic order defined by the DM makes it possible to determine a comprehensive ranking of eligible solutions to restore consistency. Proposing these solutions to the DM according to their position in the ranking enables revising the initial inconsistent judgments more efficiently. The new methodology also considers the possibility of missing confidence information, which can decrease the cognitive effort of the DM in real-world decision problems when eliciting preferences.

Suggested Citation

  • Ricardo, Alexandre & Figueira, José Rui & Tavares, Luís Valadares, 2024. "Integrating confidence and preservation of information in the preference elicitation process: A lexicographic order approach for inconsistent judgments," Omega, Elsevier, vol. 129(C).
  • Handle: RePEc:eee:jomega:v:129:y:2024:i:c:s0305048324001026
    DOI: 10.1016/j.omega.2024.103136
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0305048324001026
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.omega.2024.103136?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jomega:v:129:y:2024:i:c:s0305048324001026. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/375/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.