IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v12y2024i8p1266-d1380372.html
   My bibliography  Save this article

Robust Consensus Modeling: Concerning Consensus Fairness and Efficiency with Uncertain Costs

Author

Listed:
  • Xuyuan Zhang

    (School of Economics and Management, Shanghai Ocean University, Shanghai 201306, China)

  • Hailin Liang

    (School of Management Science and Engineering, Nanjing University of Information Science and Technology, Nanjing 210044, China)

  • Shaojian Qu

    (School of Management Science and Engineering, Nanjing University of Information Science and Technology, Nanjing 210044, China)

Abstract

Extensive uncertainty can affect the efficiency and fairness of consensus in the consensus reaching process (CRP), but few scholars have studied consensus modeling that focuses on fairness and efficiency in uncertain environments. Additionally, the weight of the decision maker (DM) in the CRP is influenced by multiple factors. Therefore, this paper proposes robust consensus models (EFCMs) focusing on fairness and efficiency under uncertain costs to address these issues. Firstly, this paper constructs multiple uncertainty sets to describe the uncertainty of the unit adjustment cost. Secondly, the fair utility level and opinion adjustment distance are used to measure the fairness and efficiency of reaching consensus, respectively. Furthermore, this paper uses a data-driven method based on the KDE method combined with trust propagation in social networks to determine the DMs’ weights jointly. Finally, this paper also applies the proposed models to the carbon emission reduction negotiation process between the government and enterprises. The experimental results and sensitivity analysis show that the consensus cost budget and the DMs’ jealous preference behavior particularly affects the efficiency of reaching consensus, which provides a theoretical basis for solving practical decision making problems.

Suggested Citation

  • Xuyuan Zhang & Hailin Liang & Shaojian Qu, 2024. "Robust Consensus Modeling: Concerning Consensus Fairness and Efficiency with Uncertain Costs," Mathematics, MDPI, vol. 12(8), pages 1-31, April.
  • Handle: RePEc:gam:jmathe:v:12:y:2024:i:8:p:1266-:d:1380372
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/12/8/1266/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2227-7390/12/8/1266/
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:12:y:2024:i:8:p:1266-:d:1380372. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.