02.03.2013 Views

Downloadable - About University

Downloadable - About University

Downloadable - About University

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

318 Decisions involving groups of individuals<br />

These values are shown below with 100 representing the most preferred<br />

destination and 0 the least preferred.<br />

Destination Person A Person B Average<br />

Rio de Janeiro 100 50 75<br />

San Francisco 40 100 70<br />

Toronto 0 0 0<br />

If we take a simple average of values for each destination it can be seen<br />

that Rio will be the group choice. However, our calculation assumes that<br />

a move from 0 to 100 on one person’s value scale represents the same<br />

increase in preference as a move from 0 to 100 on the other person’s scale.<br />

Suppose, for the moment, that we could actually measure and compare<br />

the strength of preference of the two people on a common scale. We<br />

might find that A is less concerned about a move from his best to his<br />

worst location than B, so that if we measure their value scales against<br />

our common strength of preference scale we have a situation like that<br />

shown in Figure 12.1. The individuals’ values measured on this common<br />

Common strength<br />

of preference scale<br />

100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Person A's<br />

value scale<br />

100 Rio de Janeiro<br />

50<br />

0<br />

San Francisco<br />

Person B's<br />

value scale<br />

100<br />

50<br />

San Francisco<br />

Rio de Janeiro<br />

Toronto 0 Toronto<br />

Figure 12.1 – Measuring individuals’ strengths of preference against a common scale

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!