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October 31, 2024
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Decision making in the European Union under risk and uncertainty

Publicated to: European Journal of International Management. 6 (5): 590-609 - 2012-01-01 6(5), DOI: 10.1504/EJIM.2012.049643

Authors:

Merigó, JM; Lobato-Carral, C; Carrilero-Castillo, A
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Affiliations

Univ Barcelona, Dept Business Adm - Author
Univ Politecn Valencia, Dept Business Adm - Author

Abstract

We study the use of aggregation operators in decision making at a European level. We introduce the induced probabilistic ordered weighted averaging - weighted averaging operator. It is a new aggregation operator that provides a unified framework between the probability, the weighted average and the ordered weighted averaging operator considering the degree of importance that each concept has in the aggregation. Moreover, this approach is able to deal with complex reordering processes by using order-inducing variables in order to assess complex attitudinal characters of the decision maker. We study some of its main properties and particular cases. We develop an application of the new approach in a European Union group decision making problem regarding the selection of the optimal inflation rate in the convergence criteria to be accomplished by the Members of the European Union.
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Keywords

Aggregation operatorsEuropean unionEuropean union decision makingFirmsGroup decision makingInclusionInnovationKnowledgeManagementModelOwa operatorProbabilityVarianceWeighted average

Quality index

Bibliometric impact. Analysis of the contribution and dissemination channel

The work has been published in the journal European Journal of International Management due to its progression and the good impact it has achieved in recent years, according to the agency Scopus (SJR), it has become a reference in its field. In the year of publication of the work, 2012, it was in position , thus managing to position itself as a Q2 (Segundo Cuartil), in the category Business and International Management. Notably, the journal is positioned en el Cuartil Q3 for the agency WoS (JCR) in the category Management.

Independientemente del impacto esperado determinado por el canal de difusión, es importante destacar el impacto real observado de la propia aportación.

Según las diferentes agencias de indexación, el número de citas acumuladas por esta publicación hasta la fecha 2026-04-03:

  • WoS: 15
  • Scopus: 17
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Impact and social visibility

From the perspective of influence or social adoption, and based on metrics associated with mentions and interactions provided by agencies specializing in calculating the so-called "Alternative or Social Metrics," we can highlight as of 2026-04-03:

  • The use, from an academic perspective evidenced by the Altmetric agency indicator referring to aggregations made by the personal bibliographic manager Mendeley, gives us a total of: 5.
  • The use of this contribution in bookmarks, code forks, additions to favorite lists for recurrent reading, as well as general views, indicates that someone is using the publication as a basis for their current work. This may be a notable indicator of future more formal and academic citations. This claim is supported by the result of the "Capture" indicator, which yields a total of: 5 (PlumX).
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Leadership analysis of institutional authors

There is a significant leadership presence as some of the institution’s authors appear as the first or last signer, detailed as follows: Last Author (Carrilero-Castillo, A).

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