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A Multivariate Minimum Cost Consensus Model for Negotiations of Holdout Demolition

Author

Listed:
  • Yong Liu

    (Jiangnan University)

  • Ting Zhou

    (Jiangnan University)

  • Jeffrey Yi-Lin Forrest

    (Slippery Rock University)

Abstract

Incidences of holdouts, as group events, have appeared most frequently in many countries. The underlying cause of these occurrences of high frequency has been closely related to multiple objectives or various conflicts of interest of stakeholders. Each negotiation of holdout demolition represents a typical group consensus problem with the outcome greatly influenced by multiple objectives or variables of the decision makers. In order to effectively deal with such difficult problems, we construct a multivariate, minimum cost consensus model based on interval number programming constrained with random chances by jointly employing various approaches, such as minimum cost consensus model, multivariate planning, stochastic opportunity constrained programming and interval numbers. After the theoretical development, this paper employs the established method to solve the problem of holdout demolition of particular town A.

Suggested Citation

  • Yong Liu & Ting Zhou & Jeffrey Yi-Lin Forrest, 2020. "A Multivariate Minimum Cost Consensus Model for Negotiations of Holdout Demolition," Group Decision and Negotiation, Springer, vol. 29(5), pages 871-899, October.
    • Handle: RePEc:spr:grdene:v:29:y:2020:i:5:d:10.1007_s10726-020-09683-1
    DOI: 10.1007/s10726-020-09683-1
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    References listed on IDEAS

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    Cited by:

    1. Xiao Tan & Jianjun Zhu & Tong Wu, 2022. "Dynamic Reference Point-Oriented Consensus Mechanism in Linguistic Distribution Group Decision Making Restricted by Quantum Integration of Information," Group Decision and Negotiation, Springer, vol. 31(2), pages 491-528, April.
    2. Xiangrui Chao & Yucheng Dong & Gang Kou & Yi Peng, 2022. "How to determine the consensus threshold in group decision making: a method based on efficiency benchmark using benefit and cost insight," Annals of Operations Research, Springer, vol. 316(1), pages 143-177, September.
    3. Jing Xiao & Xiuli Wang & Hengjie Zhang, 2022. "Exploring the Ordinal Classifications of Failure Modes in the Reliability Management: An Optimization-Based Consensus Model with Bounded Confidences," Group Decision and Negotiation, Springer, vol. 31(1), pages 49-80, February.

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