Skip to main content
Erschienen in: Soft Computing 22/2018

16.07.2018 | Focus

Large-group risk dynamic emergency decision method based on the dual influence of preference transfer and risk preference

verfasst von: Xuanhua Xu, Bin Pan, Yushan Yang

Erschienen in: Soft Computing | Ausgabe 22/2018

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

Decision-makers (DMs) usually encounter the problem of preference transfer when making decisions about emergencies in a complex environment. We propose a new method for dynamic emergency decision-making for large-group risk based on cumulative prospect theory (CPT). First, the preference judgment matrix is used to aggregate the DMs’ preferences in different event states. Second, because of the complexity of the number of decisions proposed by a large group, a clustering method is used to cluster the preferences of the decision-making group and obtain a number of different aggregations with corresponding weights. Then, given that the risk preferences of the DMs affect the decision result, CPT is used to calculate the overall outlook value for large-group decision-making. Finally, DMs need to adjust the preference judgment matrix according to changes in event states. After several stages of adjustment, the Markov chain for the current development state and the DMs’ preference transfer matrix are obtained. The optimal scheme for the current state is given as a combination of the preference transfer matrix and the overall outlook value for the large group. Using this method, DMs can obtain the best scheme for different states in advance and make an emergency plan to reduce the risk of preference transfer. A case study is used to illustrate the rationality and effectiveness of the proposed method.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Literatur
Zurück zum Zitat Bell DE (1982) Regret in decision making under uncertainty. Oper Res 30(5):961–981CrossRef Bell DE (1982) Regret in decision making under uncertainty. Oper Res 30(5):961–981CrossRef
Zurück zum Zitat Bocquého G, Jacquet F, Reynaud A (2014) Expected utility or prospect theory maximisers? assessing farmers’ risk behaviour from field-experiment data. Eur Rev Agric Econ 41(1):135–172CrossRef Bocquého G, Jacquet F, Reynaud A (2014) Expected utility or prospect theory maximisers? assessing farmers’ risk behaviour from field-experiment data. Eur Rev Agric Econ 41(1):135–172CrossRef
Zurück zum Zitat Chen J, Zhong PA, Xu B et al (2015) Risk analysis for real-time flood control operation of a reservoir. J Water Resour Plan Manag 141(8):1–10CrossRef Chen J, Zhong PA, Xu B et al (2015) Risk analysis for real-time flood control operation of a reservoir. J Water Resour Plan Manag 141(8):1–10CrossRef
Zurück zum Zitat Fan ZP, Li YH, Zhang Y (2015) Generating project risk response strategies based on CBR: a case study. Expert Syst Appl 42(6):2870–2883CrossRef Fan ZP, Li YH, Zhang Y (2015) Generating project risk response strategies based on CBR: a case study. Expert Syst Appl 42(6):2870–2883CrossRef
Zurück zum Zitat Gao H, Barbier G, Goolsby R et al (2011) Harnessing the crowdsourcing power of social media for disaster relief. IEEE Intell Syst 26(3):10–14CrossRef Gao H, Barbier G, Goolsby R et al (2011) Harnessing the crowdsourcing power of social media for disaster relief. IEEE Intell Syst 26(3):10–14CrossRef
Zurück zum Zitat Gao J, Li M, Liu H (2015) Generalized ordered weighted utility averaging-hyperbolic absolute risk aversion operators and their applications to group decision making. Eur J Oper Res 243(1):258–270MathSciNetCrossRef Gao J, Li M, Liu H (2015) Generalized ordered weighted utility averaging-hyperbolic absolute risk aversion operators and their applications to group decision making. Eur J Oper Res 243(1):258–270MathSciNetCrossRef
Zurück zum Zitat Han B, Zank H (2009) Additive utility in prospect theory. Manag Sci 55(5):863–873CrossRef Han B, Zank H (2009) Additive utility in prospect theory. Manag Sci 55(5):863–873CrossRef
Zurück zum Zitat Harsanyi JC (1955) Cardinal welfare, individualistic ethics, and interpersonal comparisons of utility. J Polit Econ 63(4):309–321CrossRef Harsanyi JC (1955) Cardinal welfare, individualistic ethics, and interpersonal comparisons of utility. J Polit Econ 63(4):309–321CrossRef
Zurück zum Zitat Hu J, Yang L (2011) Dynamic stochastic multi-criteria decision making method based on cumulative prospect theory and set pair analysis. Sys Eng Procedia 1(1):432–439CrossRef Hu J, Yang L (2011) Dynamic stochastic multi-criteria decision making method based on cumulative prospect theory and set pair analysis. Sys Eng Procedia 1(1):432–439CrossRef
Zurück zum Zitat Jiang P (2011) Emergency management of emergencies. National School of Administration Press, Beijing Jiang P (2011) Emergency management of emergencies. National School of Administration Press, Beijing
Zurück zum Zitat Jou RC, Chen KH (2013) An application of cumulative prospect theory to freeway drivers route choice behaviours. Transp Res Part A Policy Pract 49:123–131CrossRef Jou RC, Chen KH (2013) An application of cumulative prospect theory to freeway drivers route choice behaviours. Transp Res Part A Policy Pract 49:123–131CrossRef
Zurück zum Zitat Kahneman D, Tversky AN (1979) Prospect theory: an analysis of decision under risk. Econometrica 47(2):263–291CrossRef Kahneman D, Tversky AN (1979) Prospect theory: an analysis of decision under risk. Econometrica 47(2):263–291CrossRef
Zurück zum Zitat Kahneman D, Tversky A (1992) Advances in prospect theory: cumulative representation of uncertainty. J Risk Uncertain 5(4):297–323CrossRef Kahneman D, Tversky A (1992) Advances in prospect theory: cumulative representation of uncertainty. J Risk Uncertain 5(4):297–323CrossRef
Zurück zum Zitat Krohling RA, Souza TTM (2011) Two examples of application of TOPSIS to decision making problems. Salesian J Inf Syst 8:31–35 Krohling RA, Souza TTM (2011) Two examples of application of TOPSIS to decision making problems. Salesian J Inf Syst 8:31–35
Zurück zum Zitat Liu Y, Fan ZP, Zhang Y (2014) Risk decision analysis in emergency response: a method based on cumulative prospect theory. Comput Oper Res 42(2):75–82MathSciNetCrossRef Liu Y, Fan ZP, Zhang Y (2014) Risk decision analysis in emergency response: a method based on cumulative prospect theory. Comput Oper Res 42(2):75–82MathSciNetCrossRef
Zurück zum Zitat Loomes G, Sugden R (1982) Regret theory: an alternative theory of rational choice under uncertainty. Econ J 92:805–824CrossRef Loomes G, Sugden R (1982) Regret theory: an alternative theory of rational choice under uncertainty. Econ J 92:805–824CrossRef
Zurück zum Zitat Loomes G, Sugden R (1986) Disappointment and dynamic consistency in choice under uncertainty. Rev Econ Stud 53(2):271–282MathSciNetCrossRef Loomes G, Sugden R (1986) Disappointment and dynamic consistency in choice under uncertainty. Rev Econ Stud 53(2):271–282MathSciNetCrossRef
Zurück zum Zitat Saaty TL (1980) Multicriteria decision making: the analytic hierarchy process. McGraw-Hill, New York Saaty TL (1980) Multicriteria decision making: the analytic hierarchy process. McGraw-Hill, New York
Zurück zum Zitat Schmidt U, Zank H (2002) Risk aversion in cumulative prospect theory. Gen Inf 54(1):208–216 Schmidt U, Zank H (2002) Risk aversion in cumulative prospect theory. Gen Inf 54(1):208–216
Zurück zum Zitat Shen H, Zhao J, Huang WW (2008) Mission-critical group decision-making: solving the problem of decision preference change in group decision-making using Markov chain model. J Glob Inf Manag 16(2):35–57CrossRef Shen H, Zhao J, Huang WW (2008) Mission-critical group decision-making: solving the problem of decision preference change in group decision-making using Markov chain model. J Glob Inf Manag 16(2):35–57CrossRef
Zurück zum Zitat Shi Y, Cui X, Li D (2015) Discrete-time behavioral portfolio selection under cumulative prospect theory. J Econ Dyn Control 61:283–302MathSciNetCrossRef Shi Y, Cui X, Li D (2015) Discrete-time behavioral portfolio selection under cumulative prospect theory. J Econ Dyn Control 61:283–302MathSciNetCrossRef
Zurück zum Zitat Wang L, Zhang ZX, Wang YM (2015) A prospect theory-based interval dynamic reference point method for emergency decision making. Expert Syst Appl 42(23):9379–9388CrossRef Wang L, Zhang ZX, Wang YM (2015) A prospect theory-based interval dynamic reference point method for emergency decision making. Expert Syst Appl 42(23):9379–9388CrossRef
Zurück zum Zitat Xu Z, Da Q (2001) The ranking method of complementary judgement matrix based on reciprocal judgment matrix of three kinds. J Southeast Univ 1(6):97–99 Xu Z, Da Q (2001) The ranking method of complementary judgement matrix based on reciprocal judgment matrix of three kinds. J Southeast Univ 1(6):97–99
Zurück zum Zitat Xu X, Zhang L, Chen X (2012) Cluster grouping method based on attribute binary relation under fuzzy preference. Syst Eng Electron 34(11):2312–2317 Xu X, Zhang L, Chen X (2012) Cluster grouping method based on attribute binary relation under fuzzy preference. Syst Eng Electron 34(11):2312–2317
Zurück zum Zitat Zook M, Graham M, Shelton T et al (2010) Volunteered geographic information and crowdsourcing disaster relief: a case study of the Haitian earthquake. World Medical Health Policy 2(2):7–33CrossRef Zook M, Graham M, Shelton T et al (2010) Volunteered geographic information and crowdsourcing disaster relief: a case study of the Haitian earthquake. World Medical Health Policy 2(2):7–33CrossRef
Metadaten
Titel
Large-group risk dynamic emergency decision method based on the dual influence of preference transfer and risk preference
verfasst von
Xuanhua Xu
Bin Pan
Yushan Yang
Publikationsdatum
16.07.2018
Verlag
Springer Berlin Heidelberg
Erschienen in
Soft Computing / Ausgabe 22/2018
Print ISSN: 1432-7643
Elektronische ISSN: 1433-7479
DOI
https://doi.org/10.1007/s00500-018-3387-3

Weitere Artikel der Ausgabe 22/2018

Soft Computing 22/2018 Zur Ausgabe