Arbeitspapier
An axiomatization of the Euclidean compromise solution
The utopia point of a multicriteria optimization problem is the vector that specifies for each criterion the most favourable among the feasible values. The Euclidean compromise solution in multicriteria optimization is a solution concept that assigns to a feasible set the alternative with minimal Euclidean distance to the utopia point. The purpose of this paper is to provide a characterization of the Euclidean compromise solution. Consistency plays a crucial role in our approach.
- Language
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Englisch
- Bibliographic citation
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Series: SSE/EFI Working Paper Series in Economics and Finance ; No. 703
- Classification
-
Wirtschaft
Mathematical Methods; Programming Models; Mathematical and Simulation Modeling: General
Optimization Techniques; Programming Models; Dynamic Analysis
- Subject
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Consistency
Euclidean compromise solution
Multicriteria optimization
Mathematische Optimierung
Multikriteria-Verfahren
Theorie
- Event
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Geistige Schöpfung
- (who)
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Voorneveld, Mark
van den Nouweland, Anne
McLean, Rich
- Event
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Veröffentlichung
- (who)
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Stockholm School of Economics, The Economic Research Institute (EFI)
- (where)
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Stockholm
- (when)
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2008
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Voorneveld, Mark
- van den Nouweland, Anne
- McLean, Rich
- Stockholm School of Economics, The Economic Research Institute (EFI)
Time of origin
- 2008
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