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dc.contributor.authorCarrasco, Juan A.
dc.contributor.authorBaucells, M
dc.contributor.authorHogarth, R M
dc.contributor.otherUniversitat Politècnica de Catalunya. Departament d'Enginyeria Electrònica
dc.date.accessioned2013-07-10T12:06:58Z
dc.date.available2013-07-10T12:06:58Z
dc.date.created2008-09
dc.date.issued2008-09
dc.identifier.citationCarrasco, J.; Baucells, M.; Hogarth, R. M. Cumulative dominance and heuristic performance in binary multiattribute choice. "Operations research", Setembre 2008, vol. 56, núm. 5, p. 1289-1304.
dc.identifier.issn0030-364X
dc.identifier.urihttp://hdl.handle.net/2117/19888
dc.description.abstractSeveral studies have reported high performance of simple decision heuristics in multi-attribute decision making. In this paper, we focus on situations where attributes are binary and analyze the performance of Deterministic-Elimination-By-Aspects (DEBA) and similar decision heuristics. We consider non-increasing weights and two probabilistic models for the attribute values: one where attribute values are independent Bernoulli random variables; the other one where they are binary random variables with inter-attribute positive correlations. Using these models, we show that good performance of DEBA is explained by the presence of cumulative as opposed to simple dominance. We therefore introduce the concepts of cumulative dominance compliance and fully cumulative dominance compliance and show that DEBA satisfies those properties. We derive a lower bound with which cumulative dominance compliant heuristics will choose a best alternative and show that, even with many attributes, this is not small. We also derive an upper bound for the expected loss of fully cumulative compliance heuristics and show that this is moderate even when the number of attributes is large. Both bounds are independent of the values of the weights.
dc.format.extent16 p.
dc.language.isoeng
dc.subjectÀrees temàtiques de la UPC::Economia i organització d'empreses::Gestió i direcció
dc.subject.lcshDecision-making
dc.titleCumulative dominance and heuristic performance in binary multiattribute choice
dc.typeArticle
dc.subject.lemacDecisió multicriteri, Presa de
dc.contributor.groupUniversitat Politècnica de Catalunya. QINE - Disseny de Baix Consum, Test, Verificació i Circuits Integrats de Seguretat
dc.rights.accessOpen Access
local.identifier.drac673073
dc.description.versionPostprint (published version)
local.citation.authorCarrasco, J.; Baucells, M.; Hogarth, R. M.
local.citation.publicationNameOperations research
local.citation.volume56
local.citation.number5
local.citation.startingPage1289
local.citation.endingPage1304


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