The properties of crescent preference vectors and their utility in decision making with risk and preferences

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15310%2F21%3A73609835" target="_blank" >RIV/61989592:15310/21:73609835 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0165011420302438" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0165011420302438</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.fss.2020.06.008" target="_blank" >10.1016/j.fss.2020.06.008</a>

Result language
angličtina
Original language name
The properties of crescent preference vectors and their utility in decision making with risk and preferences
Original language description
The Crescent Method is a recently proposed decision method that can consider problems involving both risk and preferences. In this work, we elaborately discuss why and how to use this interesting method in decision making. We present its advantages in accurately merging both types of decisions. However, not all preferences are suitable to use with the Crescent Method and for melting with probability information. This study systematically proposes and analyzes those subclasses of preference vectors that are suitable for the Crescent Method. Unimodal preferences are shown to be suitable for the Crescent Method, but they are not closed under convex combination. Pure crescent preferences are shown to be suitable for the Crescent Method and to have the property of convexity. The interrelations and inclusions of certain different subclasses of preference vectors along with some examples are presented in detail.
Czech name
—
Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Project
<a href="/en/project/GA18-06915S" target="_blank" >GA18-06915S: New approaches to aggregation operators in analysis and processing of data</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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