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Decision Making Using Rating Systems: When Scale Meets Binary
Bargagliotti, Anna E.1; Li, Lingfang (Ivy)2,3
刊名DECISION SCIENCES
2013-12
卷号44期号:6页码:1121-1137
关键词Asymmetric Information Ranking Rating Reputation Systems and Scale
ISSN号0011-7315
DOI10.1111/deci.12049
英文摘要This article investigates how different decisions can be reached when decision makers consult a binary rating system and a scale rating system. Since typically decision makers use rating information to make binary decisions, it is particularly important to compare the scale system to the binary system. We show that the only N-point scale system that reports a rater's opinion consistently with the binary system is one where N is odd and N-1 is not divisible by 4. At the aggregate level, however, we illustrate that inconsistencies persist regardless of the choice of N. In addition, we provide simple tools that can determine whether the systems lead decision makers to the same decision outcomes.
WOS研究方向Business & Economics
语种英语
出版者WILEY-BLACKWELL
WOS记录号WOS:000328824200005
内容类型期刊论文
源URL[http://10.2.47.112/handle/2XS4QKH4/1894]  
专题上海财经大学
通讯作者Li, Lingfang (Ivy)
作者单位1.Loyola Marymount Univ, Dept Math, Los Angeles, CA 90245 USA;
2.Shanghai Univ Finance & Econ, Sch Econ, Shanghai, Peoples R China;
3.Minist Educ, Key Lab Math Econ SUFE, Shanghai, Peoples R China
推荐引用方式
GB/T 7714
Bargagliotti, Anna E.,Li, Lingfang . Decision Making Using Rating Systems: When Scale Meets Binary[J]. DECISION SCIENCES,2013,44(6):1121-1137.
APA Bargagliotti, Anna E.,&Li, Lingfang .(2013).Decision Making Using Rating Systems: When Scale Meets Binary.DECISION SCIENCES,44(6),1121-1137.
MLA Bargagliotti, Anna E.,et al."Decision Making Using Rating Systems: When Scale Meets Binary".DECISION SCIENCES 44.6(2013):1121-1137.
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