TY - GEN
T1 - A decision support approach for group decision making under risk and uncertainty
AU - Li, Jiawei
AU - Kendall, Graham
AU - Pollard, Simon
AU - Soane, Emma
AU - Davies, Gareth
AU - Bai, Ruibin
PY - 2010
Y1 - 2010
N2 - Cost-benefit analysis has long been used in decision making about public health and security. Frequently, risk and uncertainty are involved, and benefit and cost are not evenly shared by all stakeholders in the activities where public welfare is concerned. The result of cost-benefit analysis may be controversial because it does not consider the conflict of interest among the stakeholders. In this paper, we propose a decision support approach that allows individual agents to make their own evaluations of benefit, cost and risk over available alternatives. Individual beliefs with respect to the alternatives will then be aggregated to form a group decision. This approach can also be used to integrate the cost benefit analysis into risk assessment. An application to this group decision making, considering the disposal of dead animals, is given.
AB - Cost-benefit analysis has long been used in decision making about public health and security. Frequently, risk and uncertainty are involved, and benefit and cost are not evenly shared by all stakeholders in the activities where public welfare is concerned. The result of cost-benefit analysis may be controversial because it does not consider the conflict of interest among the stakeholders. In this paper, we propose a decision support approach that allows individual agents to make their own evaluations of benefit, cost and risk over available alternatives. Individual beliefs with respect to the alternatives will then be aggregated to form a group decision. This approach can also be used to integrate the cost benefit analysis into risk assessment. An application to this group decision making, considering the disposal of dead animals, is given.
KW - Cost-benefit analysis
KW - Decision support approach
KW - Evidence support logic
KW - Expected utility
KW - Group decision making
KW - Risk
KW - Uncertainty
UR - http://www.scopus.com/inward/record.url?scp=77952965945&partnerID=8YFLogxK
U2 - 10.1109/ICLSIM.2010.5461315
DO - 10.1109/ICLSIM.2010.5461315
M3 - Conference contribution
AN - SCOPUS:77952965945
SN - 9781424473311
T3 - 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
SP - 1856
EP - 1860
BT - 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
PB - IEEE Computer Society
T2 - 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
Y2 - 9 January 2010 through 10 January 2010
ER -
