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zbMATH Open
Article . 2013
Data sources: zbMATH Open
Decision Analysis
Article . 2013 . Peer-reviewed
Data sources: Crossref
DBLP
Article . 2013
Data sources: DBLP
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Foundations for Group Decision Analysis

Foundations for group decision analysis
Authors: Ralph L. Keeney;

Foundations for Group Decision Analysis

Abstract

This paper derives a general prescriptive model for group decision analysis based on a set of logical and operational assumptions analogous to those for individual decision analysis. The approach accounts for each group member's potentially different frames of their common decision, including different events and different consequences of concern. Assuming that each group member accepts the decision analysis assumptions to evaluate his or her analysis of what the group should do and that the group accepts an analogous set of decision analysis assumptions for the group's decision, it is proven that the group expected utility for an alternative should be a weighted sum of the individual member's expected utilities for the alternatives. After each group member does his or her decision analysis of the group's alternatives, the essence of the group decision analysis is to specify the weights based on the interpersonal comparison of utilities and on the relative importance or power of each individual in the group.

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Keywords

decision analysis, Applications of game theory, expected utility, group decision analysis, group decisions, Group preferences, Decision theory

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
69
Top 10%
Top 10%
Top 10%
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