The reliability analysis of rating systems in decision making: When scale meets multi-attribute additive value model

作者:

Highlights:

• The reliability of a rating system [0, N] is analyzed based on MAVM.

• Tight bounds of reliability on parameter N are given at the ranking and rating levels.

• Tight bounds of reliability on overall rating scores are presented.

• The results can provide a basis to improve the reliability in using rating systems.

摘要

A rating system (RS) comprises a rating metric defined by a discrete set of integers contained in an interval (e.g., [0, N]), and an aggregation rule. RSs are widely used in various fields to capture and summarize individuals' opinions on alternatives. In this paper we argue that the multi-attribute additive value model (MAVM) should be used as a benchmark to analyze the reliability of RSs, and present some tight bounds on the parameter N and overall rating scores, which guarantee the consistency between the RS [0, N] and MAVM at the ranking and rating levels. Interestingly, the tight bounds at the rating level are twice as large as those at the ranking level. The results in this paper can provide new insights about the reliability analysis of RSs.

论文关键词:Rating systems,Multi-attribute additive value model,Asymmetric information,Reliability,Consistency

论文评审过程:Received 24 November 2019, Revised 17 August 2020, Accepted 17 August 2020, Available online 25 August 2020, Version of Record 25 September 2020.

论文官网地址:https://doi.org/10.1016/j.dss.2020.113384