Goal programming in preference decomposition

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

6 Scopus Citations
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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)205-213
Journal / PublicationJournal of the Operational Research Society
Volume46
Issue number2
Publication statusPublished - Feb 1995

Abstract

In choosing the best alternative with respect to multiple criteria, one approach is to estimate the criterion weights that influence the preferences of all the alternatives presented. When decision makers are able to make preference judgements based on the alternative as a whole, preference decomposition methods attempt to determine part-worths which represent the contribution of the criterion levels to the overall preference values. For each alternative, the sum of the part-worths estimates its overall preference value. In this work, we use linear goal programming to determine the part-worths of all the criterion levels. Simulation experiments are conducted to compare the performances of linear goal programming and ordinary least squares regression in preference decomposition and to examine the effectiveness of including constraints on the parameters. Our simulated results suggest that the linear goal programming model with constrained parameters has better predictive power.

Citation Format(s)

Goal programming in preference decomposition. / Lam, Kim Fung; Choo, Eng Ung.

In: Journal of the Operational Research Society, Vol. 46, No. 2, 02.1995, p. 205-213.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review