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

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Abstract

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.

Details

Original languageEnglish
Pages (from-to)313-329
Number of pages17
JournalTHEORY AND DECISION
Volume28
Issue number3
Publication statusPublished - May 1990
MoE publication typeA1 Journal article-refereed

    Research areas

  • computer graphics, Group decision-making, interactive multiple criteria decision-making, negotiations

ID: 9890974