Using Social Choice Function Vs. Social Welfare Function To Aggregate Individual Preferences In Group Decision Support Systems
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Keywords
Social Welfare Function, Social Choice Function, Group Decision Support System
Abstract
In multi-criteria decision making, any Group Decision Support System (GDSS) requires a “social judgment model” for calculation of weights on decision alternatives, and tabulation of individual votes toward a consensus. One could assess a Social Welfare Function - such as Keeney’s - to aggregate individual cardinal preferences or utilities into a group preference. Alternatively, one could use Social Choice Functions - such as Condorcet, Borda, Copeland, and Eigenvector - to aggregate individual ordinal preferences or rankings into a group ranking. This study empirically investigates the consensus between individual preferences and the group preference derived from various aggregation methods.