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A Joint Use Of The Mean and Median for Multi Criteria Decision Support: The 3MCD Method

Author

Listed:
  • Ruffin-benoit Mpoy Ngoie

    (Mathematics and Informatics Department, ISP Mbanza-Ngungu, Democratic Republic of Congo)

  • Eric Kamwa

    (Université des Antilles, LC2S UMR CNRS 8053, F-97275 Schoelcher Cedex, France)

  • Berthold Ulungu

    (Institut Supéerieur des Techniques Appliquées, Section Mécanique, Democratic Republic of Congo.)

Abstract

The Mean-Median Compromise Method (MMCM) is a decision rule that lies between the Majority Judgment and the Majority Borda Count. In this note, we suggest an adaptation of the MMCM to multi-criteria decision problems. We call this extension, the Mean and Median for Multi-Criteria Decision (3MCD). We also examine some properties of this rule.

Suggested Citation

  • Ruffin-benoit Mpoy Ngoie & Eric Kamwa & Berthold Ulungu, 2019. "A Joint Use Of The Mean and Median for Multi Criteria Decision Support: The 3MCD Method," Economics Bulletin, AccessEcon, vol. 39(2), pages 1602-1611.
    • Handle: RePEc:ebl:ecbull:eb-19-00394
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    References listed on IDEAS

    as
    1. Ngoie, Ruffin-Benoît M. & Savadogo, Zoïnabo & Ulungu, Berthold E.-L., 2014. "Median and average as tools for measuring, electing and ranking: new prospects," MPRA Paper 64731, University Library of Munich, Germany, revised 01 Sep 2014.
    2. Ngoie, Ruffin-Benoît M. & Ulungu, Berthold E.-L., 2014. "On analysis and characterization of the mean-median compromise method," MPRA Paper 64154, University Library of Munich, Germany, revised Dec 2014.
    3. Ngoie, Ruffin-Benoît M. & Savadogo, Zoïnabo & Ulungu, Berthold E.-L., 2014. "New prospects in social choice theory: median and average as tools for measuring, electing and ranking," MPRA Paper 64155, University Library of Munich, Germany, revised 01 Dec 2014.
    Full references (including those not matched with items on IDEAS)

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    1. Ruffin-Benoît M. Ngoie & Eric Kamwa & Berthold Ulungu, 2018. "Joint use of the mean and median for multi criteria decision support: the 3MCD method," Working Papers hal-01760775, HAL.
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    More about this item

    Keywords

    Preference aggregation; Majority Judgment; Mean; Decision; Borda.;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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