Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination

© 2018, Springer International Publishing AG. Traditional approach to group decision making in economics is to maximize the GDP, i.e., the overall gain. The hope behind this approach is that the increased wealth will trickle down to everyone. Sometimes, this happens, but often, in spite of an increa...

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Main Authors: Kreinovich V., Dumrongpokaphan T.
Format: Book Series
Published: 2017
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85021686908&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/41185
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-411852017-09-28T04:18:45Z Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination Kreinovich V. Dumrongpokaphan T. © 2018, Springer International Publishing AG. Traditional approach to group decision making in economics is to maximize the GDP, i.e., the overall gain. The hope behind this approach is that the increased wealth will trickle down to everyone. Sometimes, this happens, but often, in spite of an increase in overall GDP, inequality remains: some people remain poor, some groups continue to face economic discrimination, etc. This shows that maximizing the overall gain is probably not always the best criterion in group decision making. In this chapter, we find a group decision making criterion which is optimal (in some reasonable sense), and we show that using this optimal criterion can indeed help to decrease poverty, inequality, and discrimination. 2017-09-28T04:18:45Z 2017-09-28T04:18:45Z 2018-01-01 Book Series 14349922 2-s2.0-85021686908 10.1007/978-3-319-60207-3_1 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85021686908&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/41185
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
description © 2018, Springer International Publishing AG. Traditional approach to group decision making in economics is to maximize the GDP, i.e., the overall gain. The hope behind this approach is that the increased wealth will trickle down to everyone. Sometimes, this happens, but often, in spite of an increase in overall GDP, inequality remains: some people remain poor, some groups continue to face economic discrimination, etc. This shows that maximizing the overall gain is probably not always the best criterion in group decision making. In this chapter, we find a group decision making criterion which is optimal (in some reasonable sense), and we show that using this optimal criterion can indeed help to decrease poverty, inequality, and discrimination.
format Book Series
author Kreinovich V.
Dumrongpokaphan T.
spellingShingle Kreinovich V.
Dumrongpokaphan T.
Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination
author_facet Kreinovich V.
Dumrongpokaphan T.
author_sort Kreinovich V.
title Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination
title_short Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination
title_full Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination
title_fullStr Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination
title_full_unstemmed Optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination
title_sort optimal group decision making criterion and how it can help to decrease poverty, inequality, and discrimination
publishDate 2017
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85021686908&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/41185
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