INTERACTIVE APPROACH TO MULTIPLE CRITERIA OPTIMIZATION WITH MULTIPLE DECISION-MAKERS.

Pekka Korhonen*, Herbert Moskowitz, Jyrki Wallenius, Stanley Zionts

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

45 Citations (Scopus)

Abstract

In this article we propose a formal man-machine interactive approach to multiple criteria optimization with multiple decision makers. The approach is based on some of our earlier research findings in multiple criteria decision making. A discrete decision space is assumed. The same framework may readily be used for multiple criteria mathematical programming problems. To test the approach two experiments were conducted using undergraduate Business School students as subjects in Finland and in the United States. The context was, respectively, a high-level Finnish labor-management problem and the management-union collective bargaining game developed at the Krannert Graduate School of Management, Purdue University. The results of the experiments indicate that our approach is a potentially useful decision aid for group decision-making and bargaining problems.

Original languageEnglish
Pages (from-to)589-602
Number of pages14
JournalNaval research logistics quarterly
Volume33
Issue number4
Publication statusPublished - Nov 1986
MoE publication typeA1 Journal article-refereed

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