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3087. The Deck-of-Cards-Based Ordinal Regression

Invited abstract in session MC-44: MCDM for project portfolio problems, stream Multiple Criteria Decision Analysis.

Monday, 12:30-14:00
Room: 20 (building: 324)

Authors (first author is the speaker)

1. Maria Barbati
Department of Economics, Ca' Foscari University of Venice
2. Salvatore Greco
Department of Economics and Business, University of Catania
3. Isabella Lami
DIST, Politecnico di Torino

Abstract

We define a new multicriteria decision-aiding procedure to manage decision-makers' preferences. The preferences are elicited by conjugating the deck of cards method with the ordinal regression approach. The deck-of-cards method allows the DM to express the ranking order of reference alternatives and the intensity of preferences between reference alternatives. An ordinal regression procedure is then used to define a multicriteria value function that represents the ranking of the reference alternatives as well as the preference intensity. We show how this methodology can be usefully applied to different forms of a value function, such as weighted sum, Choquet integral, and additive value function.

Keywords

Status: accepted


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