Arbeitspapier

Estimating preference cones from discrete choices: Computational techniques and experiences

This paper discusses the problem of estimating aspiration or reference levels in criteria space from choices between alternatives characterized by multiple criteria. Several methods for such estimations are developed and compared, taking into account both solution quality and computational efficiency. Methods based on mixed integer linear programming, which provide optimal solutions, require inacceptable computing times for application in interactive systems. An alternative method, based on a direct search algorithm, is shown to be an effective way of generating high quality estimates with small computational effort.

Language
Englisch

Bibliographic citation
Series: Diskussionsbeiträge - Serie I ; No. 259

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Vetschera, Rudolf
Event
Veröffentlichung
(who)
Universität Konstanz, Fakultät für Wirtschaftswissenschaften und Statistik
(where)
Konstanz
(when)
1992

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Vetschera, Rudolf
  • Universität Konstanz, Fakultät für Wirtschaftswissenschaften und Statistik

Time of origin

  • 1992

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