Article ID: | iaor20032010 |
Country: | United Kingdom |
Volume: | 53 |
Issue: | 11 |
Start Page Number: | 1215 |
End Page Number: | 1224 |
Publication Date: | Nov 2002 |
Journal: | Journal of the Operational Research Society |
Authors: | Green R.H., Sutton P.P. |
Keywords: | statistics: data envelopment analysis |
A decision aid to assist the development of a linear valuation function for multiple attribute problems is proposed, based on a linear programming formulation using a constraint set structured in a similar manner to data envelopment analysis (DEA). Value functions which favour each decision option are calculated, and efficient, potentially optimal, options identified. These are used to help a decision maker progressively to articulate preferences, indicators of his/her values, in an interactive, structurally flexible manner. As preference indications are provided, candidate value functions and hitherto efficient options inconsistent with his/her declarations are eliminated, thus proceeding towards an explicit value function and, if needed, a corresponding complete option order.