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2012-01-31

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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/50003

A method for decision making with the OWA operator

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http://dx.doi.org/10.2298/CSIS110206044M

Abstract

A new method for decision making that uses the ordered weighted averaging (OWA) operator in the aggregation of the information is presented. It is used a concept that it is known in the literature as the index of maximum and minimum level (IMAM). This index is based on distance measures and other techniques that are useful for decision making. By using the OWA operator in the IMAM, we form a new aggregation operator that we call the ordered weighted averaging index of maximum and minimum level (OWAIMAM) operator. The main advantage is that it provides a parameterized family of aggregation operators between the minimum and the maximum and a wide range of special cases. Then, the decision maker may take decisions according to his degree of optimism and considering ideals in the decision process. A further extension of this approach is presented by using hybrid averages and Choquet integrals. We also develop an application of the new approach in a multi-person decision-making problem regarding the selection of strategies.

Subject

Lògica borrosa, Presa de decisions, Responsabilitat social de l'empresa, Teoria d'operadors, Jocs d'estratègia (Matemàtica), Desenvolupament sostenible

Subject (English)

Fuzzy logic, Decision making, Social responsability of business, Operator theory, Games of strategy (Mathematics), Sustainable development

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Articles publicats en revistes (Empresa)

Citation

MERIGÓ LINDAHL, José M. and GIL LAFUENTE, Anna Maria. A method for decision making with the OWA operator. Computer Science and Information Systems. 2012. Vol. 9, num. 1, pags. 359-382. ISSN 1820-0214. [consulted: 13 of August of 2026]. Available at: https://hdl.handle.net/2445/50003

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