Structural development for the use of Game Theory in organizational group multicriteria decision making problem solving

• Grant number: 16/03722-5
• Support Opportunities: Regular Research Grants
• Start date: March 01, 2018
• End date: February 29, 2020
• Field of knowledge: Applied Social Sciences - Administration
• Principal Investigator: Alexandre Bevilacqua Leoneti
• Grantee: Alexandre Bevilacqua Leoneti
• Host Institution: Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto (FEARP). Universidade de São Paulo (USP). Ribeirão Preto , SP, Brazil
• City of the host institution: Ribeirão Preto
• Associated researchers: Luiz Flavio Autran Monteiro Gomes

Abstract

Group decision making is becoming more prominent in organizations because of the need to deal with complex problems with multiple alternatives and criteria in an environment of strategic interaction. In this sense, methods that provide transparency and objectivity to the decision process are necessary to support the construction of solutions in this environment. In this context, Leoneti (2016) proposed a method based on principles of game theory to model the group decision making process, considering the profiles of the players and their different preferences on the multiple criteria under evaluation. The advantage of using the method proposed by Leoneti (2016) involves the benefits of addressing a problem from a multicriteria view in a group decision process, where agents do not necessarily have to be willing to make a collaborative decision. However, possible disadvantages for the Leoneti (2016) method are related to the limitations of the pairwise function (phi function), which was modeled based on linear algebra and is used as an intermediate step for the proposition of the utility function. Thus, one objective of this project is to propose new mathematical functions, based on decision theory, to eventually replace the phi equation in the above mentioned method. Among these possible functions available in the literature, we highlight the phi function used in the TODIM method, which is based on a consolidated decision theory, which is the prospect theory. A second objective is related to the structuring of the method in order to allow managers to use this new approach to assist in the choice of alternatives in group multicriteria problems. This includes a phase of axiomatic definition of the method, presenting its ordinal measurement characteristic and the endogenous character of the analysis. The potential impact of the research is related to the consolidation of an unpublished method in the literature to treat multicriteria problems in group environment. (AU)

Scientific publications

(7)

(References retrieved automatically from Web of Science and SciELO through information on FAPESP grants and their corresponding numbers as mentioned in the publications by the authors)

ALEXANDRE BEVILACQUA LEONETI; LUIZ FLAVIO AUTRAN MONTEIRO GOMES. A TYPOLOGY FOR MCDM METHODS BASED ON THE RATIONALITY OF THEIR PAIRWISE COMPARISON PROCEDURES. Pesquisa Operacional, v. 42, 2022-07-18. (16/03722-5)

LEONETI, ALEXANDRE; GOMES, LUIZ FLAVIO AUTRAN MONTEIRO. COMPARATIVE ANALYSIS OF THE TODIM METHOD ADHERENCE TO PROSPECT THEORY. INDEPENDENT JOURNAL OF MANAGEMENT & PRODUCTION, v. 12, n. 7, p. 1935-1947, SEP-OCT 2021. (16/03722-5)

VANESSA COIMBRA ZIOTTI; ALEXANDRE BEVILACQUA LEONETI. IMPROVING COMMITMENT TO AGREEMENTS: THE ROLE OF GROUP DECISION-MAKING METHODS IN THE PERCEPTION OF SENSE OF JUSTICE AND SATISFACTION AS COMMITMENT PREDICTORS. Pesquisa Operacional, v. 40, 2020-08-10. (16/03722-5)

LEONETI, ALEXANDRE BEVILACQUA; AUTRAN MONTEIRO GOMES, LUIZ FLAVIO. Modeling multicriteria group decision making as games from enhanced pairwise comparisons. OPERATIONS RESEARCH PERSPECTIVES, v. 8, 2021. (16/03722-5)

LEONETI, ALEXANDRE BEVILACQUA; ZIOTTI, VANESSA COIMBRA; MORAIS, DC; CARRERAS, A; DEALMEIDA, AT; VETSCHERA, R. Modeling the Conflict Within Group Decision Making: A Comparison Between Methods that Require and Do Not Require the Use of Preference Aggregation Techniques. GROUP DECISION AND NEGOTIATION: BEHAVIOR, MODELS, AND SUPPORT, GDN 2019, v. 351, p. 8-pg., 2019-01-01. (16/03722-5)

LEONETI, ALEXANDRE BEVILACQUA; AUTRAN MONTEIRO GOMES, LUIZ FLAVIO. A novel version of the TODIM method based on the exponential model of prospect theory: The ExpTODIM method. European Journal of Operational Research, v. 295, n. 3, p. 1042-1055, DEC 16 2021. (16/03722-5)

LEONETI, ALEXANDRE BEVILACQUA; BANARES-ALCANTARA, RENE; PIRES, EDUARDO CLETO; DE OLIVEIRA, SONIA VALLE WALTER BORGES. A Multi-Criteria and Multi-Agent Framework for supporting complex decision-making processes. GROUP DECISION AND NEGOTIATION, v. 31, n. 5, p. 26-pg., 2022-08-05. (09/07598-3, 16/03722-5, 13/06807-3)