DocumentCode
1696621
Title
Decision making in complex environments with generalized aggregation operators
Author
Merigó, José M.
Author_Institution
Univ. of Barcelona, Barcelona, Spain
fYear
2012
Firstpage
1
Lastpage
7
Abstract
We introduce a new framework for aggregating the information by using the concept of unified aggregation operators. Thus, we can deal with complex environments where the information comes from different sources. Furthermore, we also use generalized aggregation operators that includes a wide range of aggregation operators by using the concept of generalized means. We introduce the generalized unified aggregation operator (GUAO) operator. Its main advantage is that it unifies a wide range of aggregation operators according to the available information. Thus, we can use different sources of information including subjective, objective and the attitudinal character of the decision maker. We apply the new approach in a decision making problem regarding the general strategy of the public debt ratio in the convergence criteria of the European Union (EU) integration process.
Keywords
convergence; decision making; public finance; EU; European Union integration process; GUAO; complex environments; convergence criteria; decision maker; decision making; generalized unified aggregation operator; information aggregation; public debt ratio; Convergence; Decision making; Economics; Europe; Open wireless architecture; Probabilistic logic; Vectors;
fLanguage
English
Publisher
ieee
Conference_Titel
Computational Intelligence for Financial Engineering & Economics (CIFEr), 2012 IEEE Conference on
Conference_Location
New York, NY
ISSN
PENDING
Print_ISBN
978-1-4673-1802-0
Electronic_ISBN
PENDING
Type
conf
DOI
10.1109/CIFEr.2012.6327780
Filename
6327780
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