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Extended lexicographic goal programming: a unifying approach

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  • Romero, Carlos

Abstract

This article starts reviewing the satisficing philosophy of Goal Programming (GP) and interpreting their solutions from the point of view of the utility theory. This interpretation leads to a very general optimisation structure called Extended Lexicographic Goal Programming (ELGP). It is then demonstrated that there are a significant number of Multiple Criteria Decision Making (MCDM) approaches that, from a logical point of view, can be reduced to the ELGP structure. The paper ends assessing the theoretical and practical advantages of the proposed unified approach.

Suggested Citation

  • Romero, Carlos, 2001. "Extended lexicographic goal programming: a unifying approach," Omega, Elsevier, vol. 29(1), pages 63-71, February.
    • Handle: RePEc:eee:jomega:v:29:y:2001:i:1:p:63-71
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    References listed on IDEAS

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    1. Gardiner, Lorraine R. & Steuer, Ralph E., 1994. "Unified interactive multiple objective programming," European Journal of Operational Research, Elsevier, vol. 74(3), pages 391-406, May.
    2. P. L. Yu, 1973. "A Class of Solutions for Group Decision Problems," Management Science, INFORMS, vol. 19(8), pages 936-946, April.
    3. Ignizio, James P., 1985. "Multiobjective mathematical programming via the model and algorithm," European Journal of Operational Research, Elsevier, vol. 22(3), pages 338-346, December.
    4. Bryson, Noel & Mobolurin, Ayodele & Ngwenyama, Ojelanki, 1995. "Modelling pairwise comparisons on ratio scales," European Journal of Operational Research, Elsevier, vol. 83(3), pages 639-654, June.
    5. Tamiz, Mehrdad & Jones, Dylan & Romero, Carlos, 1998. "Goal programming for decision making: An overview of the current state-of-the-art," European Journal of Operational Research, Elsevier, vol. 111(3), pages 569-581, December.
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