On Non-Pareto Efficiency
We investigate assessment functions, i.e., functions that aggregate numerical attribute values into single numbers. All assessment functions in the current use share the same limitation: they do not explicitly account for the attribute values balance. Here, we present assessment functions that provi...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Wrocław University of Science and Technology
2024-01-01
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| Series: | Operations Research and Decisions |
| Online Access: | https://ord.pwr.edu.pl/assets/papers_archive/ord2024vol34no4_5.pdf |
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| Summary: | We investigate assessment functions, i.e., functions that aggregate numerical attribute values into single numbers. All assessment functions in the current use share the same limitation: they do not explicitly account for the attribute values balance. Here, we present assessment functions that provide for that. However, those functions are at odds with the well-established paradigm of Pareto efficiency. As an example, the relevance of assessment functions to rankings is discussed. (original abstract) |
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| ISSN: | 2081-8858 2391-6060 |