AHP in nonlinear scaling: from two-envelope problem to modeling by predictors

Abstract Paper aims Extending the AHP abilities to new areas from explaining the famous Two-Envelope paradox to finding priorities as functions of auxiliary variables is suggested. Originality The proposed innovative and advantageous approach permits to find the non-constant priorities via regression modeling for the exponential or Cobb-Douglas production functions. Research method Transforming the ratio scale into the additive or logarithmic scales, which correspond to the multiplicative utility function, opens new possibilities in the multiple-criteria decision making. Main findings Two-Envelop problem is resolved, priority vectors are presented as functions by auxiliary variables, preferences are predicted and profiled by predictors. Implications for theory and practice The suggested techniques open novel possibilities of multiple-criteria decisions helping to researchers and managers to discover useful features of priority behavior due to the demographic, socio-economic, or technical properties of the compared alternatives, and to find optimal solutions for individual customers.

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Main Author: Lipovetsky,Stan
Format: Digital revista
Language:English
Published: Associação Brasileira de Engenharia de Produção 2021
Online Access:http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0103-65132021000100501
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spelling oai:scielo:S0103-651320210001005012021-05-26AHP in nonlinear scaling: from two-envelope problem to modeling by predictorsLipovetsky,Stan AHP Two-envelope paradox Nonlinear scaling Multiplicative utility Priority as function Exponential function Cobb-Douglas production function Abstract Paper aims Extending the AHP abilities to new areas from explaining the famous Two-Envelope paradox to finding priorities as functions of auxiliary variables is suggested. Originality The proposed innovative and advantageous approach permits to find the non-constant priorities via regression modeling for the exponential or Cobb-Douglas production functions. Research method Transforming the ratio scale into the additive or logarithmic scales, which correspond to the multiplicative utility function, opens new possibilities in the multiple-criteria decision making. Main findings Two-Envelop problem is resolved, priority vectors are presented as functions by auxiliary variables, preferences are predicted and profiled by predictors. Implications for theory and practice The suggested techniques open novel possibilities of multiple-criteria decisions helping to researchers and managers to discover useful features of priority behavior due to the demographic, socio-economic, or technical properties of the compared alternatives, and to find optimal solutions for individual customers.info:eu-repo/semantics/openAccessAssociação Brasileira de Engenharia de ProduçãoProduction v.31 20212021-01-01info:eu-repo/semantics/articletext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0103-65132021000100501en10.1590/0103-6513.20210007
institution SCIELO
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country Brasil
countrycode BR
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tag revista
region America del Sur
libraryname SciELO
language English
format Digital
author Lipovetsky,Stan
spellingShingle Lipovetsky,Stan
AHP in nonlinear scaling: from two-envelope problem to modeling by predictors
author_facet Lipovetsky,Stan
author_sort Lipovetsky,Stan
title AHP in nonlinear scaling: from two-envelope problem to modeling by predictors
title_short AHP in nonlinear scaling: from two-envelope problem to modeling by predictors
title_full AHP in nonlinear scaling: from two-envelope problem to modeling by predictors
title_fullStr AHP in nonlinear scaling: from two-envelope problem to modeling by predictors
title_full_unstemmed AHP in nonlinear scaling: from two-envelope problem to modeling by predictors
title_sort ahp in nonlinear scaling: from two-envelope problem to modeling by predictors
description Abstract Paper aims Extending the AHP abilities to new areas from explaining the famous Two-Envelope paradox to finding priorities as functions of auxiliary variables is suggested. Originality The proposed innovative and advantageous approach permits to find the non-constant priorities via regression modeling for the exponential or Cobb-Douglas production functions. Research method Transforming the ratio scale into the additive or logarithmic scales, which correspond to the multiplicative utility function, opens new possibilities in the multiple-criteria decision making. Main findings Two-Envelop problem is resolved, priority vectors are presented as functions by auxiliary variables, preferences are predicted and profiled by predictors. Implications for theory and practice The suggested techniques open novel possibilities of multiple-criteria decisions helping to researchers and managers to discover useful features of priority behavior due to the demographic, socio-economic, or technical properties of the compared alternatives, and to find optimal solutions for individual customers.
publisher Associação Brasileira de Engenharia de Produção
publishDate 2021
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0103-65132021000100501
work_keys_str_mv AT lipovetskystan ahpinnonlinearscalingfromtwoenvelopeproblemtomodelingbypredictors
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