Decisions with conflicting and imprecise information
The most usual procedure when facing decisions in complex settings consists in consulting experts, aggregating the information they provide, and deciding on the basis of this aggregated information. We argue that such a procedure entails a substantial loss, insofar as it precludes the possibility to take into account simultaneously the decision maker's attitude towards conflict among experts and her attitude towards imprecision of information. We propose to consider directly how a decision maker behaves when using information coming from several sources. We give an axiomatic foundation for a decision criterion that allows to distinguish on a behavioral basis the decision maker's attitude towards imprecision and towards conflict.
|Date of creation:||Jul 2013|
|Publication status:||Published in Social Choice and Welfare, Springer Verlag, 2013, 41 (2), pp.427-452. <10.1007/s00355-012-0691-1>|
|Note:||View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00443075|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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