A generalized behavioral-based goal programming approach for decision-making under imprecision

The body of literature on goal programming (GP) approaches in modeling preferences and the satisfaction philosophy in multi-objective programming (MOP) decision-making processes is extensive. However, there has been little focus on how preferences change in relation to the decision-maker's (DM) behavior within this satisfaction philosophy, particularly in situations involving risk. To address this challenge, we propose introducing a behavior-type utility function into the GP model using the concept of a behavior function. This idea offers an innovative perspective for modeling DM's behavioral preferences in the imprecise GP approach by integrating a risk-aversion parameter specific to each objective. We then formulate a generalized behavioral-based GP approach for decision-making based on this new behavior-type utility function. To validate our proposed approach, we present an illustrative example of project selection in health service institutions, followed by a sensitivity analysis and comparisons with other approaches. The results demonstrate that DM's behavioral preferences significantly impact the decision-making process, and the proposed model provides more reasonable and convenient decisions for DMs with varying degrees of risk aversion.

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Publication Details

Journal
Operations Research Perspectives
Published
2024-09-03
DOI
https://doi.org/10.1016/j.orp.2024.100316
Citations
2
Primary Topic
Optimization and Mathematical Programming
Type
article
Field-Weighted Citation Impact
0.66

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article

A generalized behavioral-based goal programming approach for decision-making under imprecision

Mohamed Sadok Cherif
2 citations
Operations Research Perspectives
Optimization and Mathematical Programming
0.66
article

A generalized behavioral-based goal programming approach for decision-making under imprecision

Mohamed Sadok Cherif
article en
2 citations

Abstract

The body of literature on goal programming (GP) approaches in modeling preferences and the satisfaction philosophy in multi-objective programming (MOP) decision-making processes is extensive. However, there has been little focus on how preferences change in relation to the decision-maker's (DM) behavior within this satisfaction philosophy, particularly in situations involving risk. To address this challenge, we propose introducing a behavior-type utility function into the GP model using the concept of a behavior function. This idea offers an innovative perspective for modeling DM's behavioral preferences in the imprecise GP approach by integrating a risk-aversion parameter specific to each objective. We then formulate a generalized behavioral-based GP approach for decision-making based on this new behavior-type utility function. To validate our proposed approach, we present an illustrative example of project selection in health service institutions, followed by a sensitivity analysis and comparisons with other approaches. The results demonstrate that DM's behavioral preferences significantly impact the decision-making process, and the proposed model provides more reasonable and convenient decisions for DMs with varying degrees of risk aversion.

Operations Research PerspectivesVol. 13
University of Monastir (TN), King Faisal University (SA)
King Faisal University, Deanship of Scientific Research, King Saud University
Peace, Justice and strong institutions
Openalex Percentile: Top 31%
Optimization and Mathematical Programming
0.66
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A generalized behavioral-based goal programming approach for decision-making under imprecision — Mohamed Sadok Cherif · Operations Research Perspectives (2024) | TGRS Research Map | TGRS