• 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