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
Link To Document :
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