Article
Multi-person and multi-criteria decision making with the induced probabilistic ordered weighted average distance
Toma de decisiones de múltiples personas y criterios con la distancia media ponderada ordenada probabilística inducida
Autor
Casanovas, Montserrat
Torres-Martínez, Agustín
Merigó, José M.
Resumen
This paper presents a new approach for selecting suppliers of products or services, specifically with respect to complex
decisions that require evaluating different business characteristics to ensure their suitability and to meet the conditions
defined in the recruitment process. To address this type of problem, this study presents the multi-person multi-criteria
induced ordered weighted average distance (MP-MC-IOWAD) operator, which is an extension of the OWA operators that
includes the notion of distances to multiple criteria and expert valuations. Thus, this work introduces new distance
measures that can aggregate the information with probabilistic information and consider the attitudinal character of the
decision maker. Further extensions are developed using probabilities to form the induced probabilistic ordered weighted
average distance (IPOWAD) operator. An example in the management of insurance policies is presented, where the
selection of insurance companies is very complex and requires the consideration of subjective criteria by experts in
decision making.