Determining attribute weights using mathematical programming

Determining attribute weights using mathematical programming

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Article ID: iaor20051097
Country: United Kingdom
Volume: 31
Issue: 6
Start Page Number: 423
End Page Number: 437
Publication Date: Dec 2003
Journal: OMEGA
Authors: , , ,
Keywords: decision theory: multiple criteria
Abstract:

Group decisions are an important element of successful knowledge management in organizations. Such decisions are difficult to make, however, especially when they involve a large set of attributes that require decision-makers to develop rankings. This paper presents a goal programming model for determining constrained regression estimates of attribute weights. The model is developed using pair-wise comparison ratings that are derived by using triads of the attributes. In addition, metrics are presented for measuring individual and group consensus. A specific application to the health care industry is presented to illustrate results that are obtained from the model.

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