Abstract
This paper reviews our own and colleagues’ research on using convex preference cones in multiple criteria decision making and related fields. The original paper by Korhonen, Wallenius, and Zionts was published in Management Science in 1984. We first present the underlying theory, concepts, and method. Then we discuss applications of the theory, particularly for finding the most preferred alternative, finding a partial and total rank ordering of alternatives, as well as developing algorithms for solving multi-objective integer and other optimization problems.
Original language | English |
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Pages (from-to) | 699-717 |
Number of pages | 19 |
Journal | Journal of Business Economics |
Volume | 89 |
Issue number | 6 |
Early online date | 26 Jun 2019 |
DOIs | |
Publication status | Published - 1 Aug 2019 |
Bibliographical note
© The Author(s) 2019. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.Keywords
- Convex preference cones
- Data envelopment analysis
- Discrete
- Integer programming
- Multiple criteria decision making