Abstract
Preference–approval structure combines the preference information of both ranking and approval, which extends the ordinal preference model by incorporating two categories of choice alternatives, that is, acceptable (good) and unacceptable (bad), in the preference modeling process. In this study, we present some axioms that imply the existence of a unique distance function of preference–approval structures. Based on theoretical analysis and simulation experiments, we further study a preferences aggregation model in the group decision-making context based on the proposed axiomatic distance function. In this model, the group preference is defined as a preference–approval structure that minimizes the sum of its distances to all preference–approval structures of individuals in the group under consideration. Particularly, we show that the group preference defined by the axiomatic distance–based aggregation model has close relationships with the simple majority rule and Cook and Seiford’s ranking.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.