On preference elicitation processes which mitigate the accumulation of biases in multi-criteria decision analysis

Tuomas J. Lahtinen*, Raimo P. Hämäläinen, Cosmo Jenytin

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)

Abstract

In the practice of multi-criteria decision analysis, biased responses to the preference elicitation questions may impact the outcome of the process. In particular, there is a risk that the effects of biases accumulate in favor of a single alternative or a subset of alternatives. In this paper, we develop new bias mitigation techniques for multi-criteria decision analysis, which are based on the idea that the effects of biases can cancel out each other in the preference elicitation process. The benefits of the techniques include that the decision maker does not need to try to change her behavior to avoid biases, and there are no numerical adjustments of her judgements. The new techniques that we propose are: (1). Introducing a virtual reference alternative in the decision problem. (2). Introducing an auxiliary measuring stick attribute. (3). Rotating the reference point. (4). Restarting the decision process at an intermediate step with a reduced set of alternatives. We simulate computationally how these techniques help mitigate biases in the Even Swaps process when the decision maker exhibits the loss aversion bias, the measuring stick bias, and makes random response errors. The techniques can also be applied in weight elicitation using the SWING and trade-off methods to reduce the aforementioned biases.

Original languageEnglish
Pages (from-to)201-210
JournalEuropean Journal of Operational Research
Volume282
Issue number1
Early online date2019
DOIs
Publication statusPublished - 1 Apr 2020
MoE publication typeA1 Journal article-refereed

Keywords

  • Behavioural OR
  • Biases
  • Multi-criteria decision analysis
  • Path perspective
  • Preference elicitation

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