Abstract
In this paper, dual exponential possibility distributions, namely, upper and lower exponential possibility distributions, are identified from the given data to characterize a decision-maker's knowledge. A decision group's knowledge can be represented by a set of such dual possibility distributions. The inherent diversity of knowledge among decision-makers is characterized by a conflict index. A conflict resolution model is proposed based on the conflict index, which integrates multiple possibility distributions identified into a new one to represent compromised knowledge of a decision group. As an application, a portfolio selection problem with multiple decision-makers is considered.
Original language | English |
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Pages (from-to) | 670-679 |
Number of pages | 10 |
Journal | IEEE Transactions on Systems, Man, and Cybernetics Part A:Systems and Humans. |
Volume | 32 |
Issue number | 6 |
DOIs | |
Publication status | Published - 2002 Nov |
Externally published | Yes |
Keywords
- Conflict analysis
- Fuzzy sets
- Group decision
- Portfolio selection
- Possibility theory
ASJC Scopus subject areas
- Software
- Control and Systems Engineering
- Human-Computer Interaction
- Computer Science Applications
- Electrical and Electronic Engineering