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- W3203685488 abstract "We propose a novel Bayesian Ordinal Regression approach for multiple criteria choice and ranking problems. It employs an additive value function model to represent indirect Decision Maker’s (DM’s) preferences in the form of pairwise comparisons of reference alternatives. By defining a likelihood for the provided preference information and specifying a prior of the preference model, we apply the Bayesian rule to derive a posterior distribution over a set of all potential value functions, not necessarily compatible ones. This distribution emphasizes the potential differences in the abilities of these models to reconstruct the DM’s pairwise comparisons. Hence a distinctive character of our approach consists of characterizing the uncertainty in consequence of applying indirect preference information. We also employ a Markov Chain Monte Carlo algorithm, called the Metropolis-Hastings method, to summarize the posterior distribution of the value function model and quantify the outcomes of robustness analysis in the form of stochastic acceptability indices. The proposed approach’s performance is investigated in a thorough experimental study involving real-world and artificially generated datasets." @default.
- W3203685488 created "2021-10-11" @default.
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- W3203685488 date "2022-06-01" @default.
- W3203685488 modified "2023-10-13" @default.
- W3203685488 title "Bayesian ordinal regression for multiple criteria choice and ranking" @default.
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- W3203685488 doi "https://doi.org/10.1016/j.ejor.2021.09.028" @default.
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