A decision support approach for group decision making under risk and uncertainty

Jiawei Li; Graham Kendall; Simon Pollard; Emma Soane; Gareth Davies; Ruibin Bai

doi:10.1109/ICLSIM.2010.5461315

A decision support approach for group decision making under risk and uncertainty

Jiawei Li^*
, Graham Kendall
, Simon Pollard
, Emma Soane
, Gareth Davies
, Ruibin Bai

^*Corresponding author for this work

School of Computer Science

Research output: Chapter in Book/Conference proceeding › Conference contribution › peer-review

1 Citation (Scopus)

Abstract

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.

Original language	English
Title of host publication	2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
Publisher	IEEE Computer Society
Pages	1856-1860
Number of pages	5
ISBN (Print)	9781424473311
DOIs	https://doi.org/10.1109/ICLSIM.2010.5461315
Publication status	Published - 2010
Event	2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010 - Harbin, China Duration: 9 Jan 2010 → 10 Jan 2010

Publication series

Name	2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
Volume	3

Conference

Conference	2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
Country/Territory	China
City	Harbin
Period	9/01/10 → 10/01/10

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 3 Good Health and Well-being

Free Keywords

Cost-benefit analysis
Decision support approach
Evidence support logic
Expected utility
Group decision making
Risk
Uncertainty

ASJC Scopus subject areas

Management Information Systems
Strategy and Management
Control and Systems Engineering

Access to Document

10.1109/ICLSIM.2010.5461315

Cite this

Li, J., Kendall, G., Pollard, S., Soane, E., Davies, G., & Bai, R. (2010). A decision support approach for group decision making under risk and uncertainty. In 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010 (pp. 1856-1860). Article 5461315 (2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010; Vol. 3). IEEE Computer Society. https://doi.org/10.1109/ICLSIM.2010.5461315

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title = "A decision support approach for group decision making under risk and uncertainty",

abstract = "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.",

keywords = "Cost-benefit analysis, Decision support approach, Evidence support logic, Expected utility, Group decision making, Risk, Uncertainty",

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Li, J, Kendall, G, Pollard, S, Soane, E, Davies, G & Bai, R 2010, A decision support approach for group decision making under risk and uncertainty. in 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010., 5461315, 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010, vol. 3, IEEE Computer Society, pp. 1856-1860, 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010, Harbin, China, 9/01/10. https://doi.org/10.1109/ICLSIM.2010.5461315

A decision support approach for group decision making under risk and uncertainty. / Li, Jiawei; Kendall, Graham; Pollard, Simon et al.
2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010. IEEE Computer Society, 2010. p. 1856-1860 5461315 (2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010; Vol. 3).

Research output: Chapter in Book/Conference proceeding › Conference contribution › peer-review

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AU - Kendall, Graham

AU - Pollard, Simon

AU - Soane, Emma

AU - Davies, Gareth

AU - Bai, Ruibin

PY - 2010

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KW - Expected utility

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KW - Uncertainty

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Li J, Kendall G, Pollard S, Soane E, Davies G, Bai R. A decision support approach for group decision making under risk and uncertainty. In 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010. IEEE Computer Society. 2010. p. 1856-1860. 5461315. (2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010). doi: 10.1109/ICLSIM.2010.5461315

A decision support approach for group decision making under risk and uncertainty

Abstract

Publication series

Conference

UN SDGs

Free Keywords

ASJC Scopus subject areas

Access to Document

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