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Extended lexicographic goal programming: a unifying approach

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  • Romero, Carlos

Abstract

This article starts reviewing the satisficing philosophy of Goal Programming (GP) and interpreting their solutions from the point of view of the utility theory. This interpretation leads to a very general optimisation structure called Extended Lexicographic Goal Programming (ELGP). It is then demonstrated that there are a significant number of Multiple Criteria Decision Making (MCDM) approaches that, from a logical point of view, can be reduced to the ELGP structure. The paper ends assessing the theoretical and practical advantages of the proposed unified approach.

Suggested Citation

  • Romero, Carlos, 2001. "Extended lexicographic goal programming: a unifying approach," Omega, Elsevier, vol. 29(1), pages 63-71, February.
  • Handle: RePEc:eee:jomega:v:29:y:2001:i:1:p:63-71
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    References listed on IDEAS

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    5. Tamiz, Mehrdad & Jones, Dylan & Romero, Carlos, 1998. "Goal programming for decision making: An overview of the current state-of-the-art," European Journal of Operational Research, Elsevier, vol. 111(3), pages 569-581, December.
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