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Multiattribute preference models with reference points

Bouyssou, Denis; Marchant, Thierry (2013), Multiattribute preference models with reference points, European Journal of Operational Research, 229, 2, p. 470-481. http://dx.doi.org/10.1016/j.ejor.2013.02.046

Type
Article accepté pour publication ou publié
Date
2013
Journal name
European Journal of Operational Research
Volume
229
Number
2
Pages
470-481
Publication identifier
http://dx.doi.org/10.1016/j.ejor.2013.02.046
Metadata
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Author(s)
Bouyssou, Denis cc
Marchant, Thierry
Abstract (EN)
In the context of multiple attribute decision making, preference models making use of reference points in an ordinal way have recently been introduced in the literature. This text proposes an axiomatic analysis of such models, with a particular emphasis on the case in which there is only one reference point. Our analysis uses a general conjoint measurement model resting on the study of traces induced on attributes by the preference relation and using conditions guaranteeing that these traces are complete. Models using reference points are shown to be a particular case of this general model. The number of reference points is linked to the number of equivalence classes distinguished by the traces. When there is only one reference point, the induced traces are quite rough, distinguishing at most two distinct equivalence classes. We study the relation between the model using a single reference point and other preference models proposed in the literature, most notably models based on concordance and models based on a discrete Sugeno integral.
Subjects / Keywords
Multiple Criteria Decision Making; Conjoint Measurement; Reference point

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