Abstract
This study aims at the effects of the presence of different
types of decision-makers (perfect rationality, partially anticipated regret,
and fully anticipated regret) based on regret theory in a group. In dynamic
adjusting group decision-making problems, optimal selections are
influenced by the fraction of decision-makers of different types in a group.
The research illustrates that being a dominated group might not be so
bad for a perfectly rational decision-maker and one can also allocate a
group to achieve his individual decision better by given fixed type and
weights distribution.
types of decision-makers (perfect rationality, partially anticipated regret,
and fully anticipated regret) based on regret theory in a group. In dynamic
adjusting group decision-making problems, optimal selections are
influenced by the fraction of decision-makers of different types in a group.
The research illustrates that being a dominated group might not be so
bad for a perfectly rational decision-maker and one can also allocate a
group to achieve his individual decision better by given fixed type and
weights distribution.
| Original language | English |
|---|---|
| Pages | 98-104 |
| Publication status | Published - Jun 2023 |
| Event | 23rd International Conference on Group Decision and Negotiation - University of Tokyo, Tokio, Japan Duration: 11 Jun 2023 → 15 Jun 2023 https://gdnconference.org/gdn2023/ |
Conference
| Conference | 23rd International Conference on Group Decision and Negotiation |
|---|---|
| Abbreviated title | GDn 2023 |
| Country/Territory | Japan |
| City | Tokio |
| Period | 11/06/23 → 15/06/23 |
| Internet address |
Austrian Fields of Science 2012
- 101015 Operations research
- 502045 Behavioural economics
Keywords
- Group decision
- Preference reversals
- Regret theory