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Supporting individuals in group decision-making

With an application to resource pooling within the council of mutual economic assistance

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Abstract

Pooling of different resources is typical among the member countries of the Council of Mutual Economic Assistance participating in joint large-scale construction projects. The problem faced by the members of the Council is to decide, how much of various resources each country should contribute to a construction project. In this paper we present a general approach to supporting individuals involved in such negotiations. We formulate the problem as a multiple criteria/multiple decision-maker model and use our approach to finding a compromise solution for the resource pooling problem within the Council of Mutual Economic Assistance. The approach is implemented on a computer, tested and illustrated using a prototypical example.

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Korhonen, P., Wallenius, J. Supporting individuals in group decision-making. Theor Decis 28, 313–329 (1990). https://doi.org/10.1007/BF00162703

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