4.7 Article

Consensus modeling with nonlinear utility and cost constraints: A case study

Journal

KNOWLEDGE-BASED SYSTEMS
Volume 88, Issue -, Pages 210-222

Publisher

ELSEVIER
DOI: 10.1016/j.knosys.2015.07.031

Keywords

Group decisions and negotiations; Consensus; Utility/preference; Nonlinear preferences; Risk attitudes

Funding

  1. European Community [FP7-PIIF-GA-2013-629051]
  2. National Natural Science Foundation of China [71171115, 71173116]
  3. reform Foundation of Postgraduate Education and Teaching in Jiangsu Province [JGKT10034]
  4. Innovation Foundation of Postgraduate Science and Technology in Jiangsu Province [KYLX_0858]
  5. Qing Lan Project
  6. Soft Science Project in Jiangsu Province [BR2015063]
  7. Six Talent Peaks Project in Jiangsu Province [2014-JY-014]
  8. Natural Science Foundation of Jiangsu [BK20141481]

Ask authors/readers for more resources

In complex group decision making (GDM), reaching a consensus needs both the adequate communication and exchange between the individual decision makers (DMs) and the input of a moderator, who may take various effective actions, such as providing financial compensation (collectively referred to as consensus cost), to convince the DMs to gradually modify their opinions and to reach a final consensus. This study constructs new consensus models that aim to maximize the GDM utility under the premise of limited consensus cost and nonlinear utility/preference constraints for both the individual DMs and the moderator. The objective function (the utility level of the entire GDM) derived from the proposed models can be seen as a measurement of the group consensus degree. Moreover, using the pollutant reduction negotiations between the government and manufacturing enterprises as a case background, we construct a group reduction consensus model based on nonlinear preference constraints and limited consensus cost and economically interpret the model parameters. Results show that different preference combinations of the DM and moderator will affect the optimal consensus values. Additionally, the moderator's preference structure influences the final GDM results to some extent. The modeling mechanism used in this paper will be reference for solving real-life consensus GDM problems. (C) 2015 Elsevier B.V. All rights reserved.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.7
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available