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2012-06-30

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cc-by-nc-nd (c) Gil Lafuente, Anna Maria et al., 2012
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/49030

Decision making techniques with similarity measures and OWA operators

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Abstract

We analyse the use of the ordered weighted average (OWA) in decision-making giving special attention to business and economic decision-making problems. We present several aggregation techniques that are very useful for decision-making such as the Hamming distance, the adequacy coefficient and the index of maximum and minimum level. We suggest a new approach by using immediate weights, that is, by using the weighted average and the OWA operator in the same formulation. We further generalize them by using generalized and quasi-arithmetic means. We also analyse the applicability of the OWA operator in business and economics and we see that we can use it instead of the weighted average. We end the paper with an application in a business multi-person decision-making problem regarding production management

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Presa de decisions (Estadística), Teoria d'operadors, Direcció d'empreses, Lògica matemàtica

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Statistical decision, Operator theory, Industrial management, Mathematical logic

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GIL LAFUENTE, Anna Maria and MERIGÓ LINDAHL, José M. Decision making techniques with similarity measures and OWA operators. Sort (Statistics and Operations Research Transactions). 2012. Vol. 36, num. 1, pags. 81-102. ISSN 1696-2281. [consulted: 10 of June of 2026]. Available at: https://hdl.handle.net/2445/49030

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