Supporting individuals in group decision-making - With an application to resource pooling within the council of mutual economic assistance

Pooling of different resources is typical among the member countries of the Council of Mutual Economic Assistance participating in joint large-scale construction projects. The problem faced by the members of the Council is to decide, how much of various resources each country should contribute to a construction project. In this paper we present a general approach to supporting individuals involved in such negotiations. We formulate the problem as a multiple criteria/multiple decision-maker model and use our approach to finding a compromise solution for the resource pooling problem within the Council of Mutual Economic Assistance. The approach is implemented on a computer, tested and illustrated using a prototypical example.