Decentralized Value Systems Agreements
Organizations: VRAIN, Universitat Politècnica de València, València, Spain · INGENIO (CSIC-Universitat Politècnica de València), València, Spain
Abstract
One of the biggest challenges of value-based decision-making is dealing with the subjective nature of values. The relative importance of a value for a particular decision varies between individuals, and people may also have different interpretations of what aligning with a value means in a given situation. While members of a society are likely to share a set of principles or values, their value systems--that is, how they interpret these values and the relative importance they give to them--have been found to differ significantly. This work proposes a novel method for aggregating value systems, generating distinct value agreements that accommodate the inherent differences within these systems. Unlike existing work, which focuses on finding a single value agreement, the proposed approach may be more suitable for a realistic and heterogeneous society. In our solution, the agents indicate their value systems and the extent to which they are willing to concede. Then, a set of agreements is found, taking a decentralized optimization approach. Our work has been applied to identify value agreements in two real-world scenarios using data from a Participatory Value Evaluation process and a European Value Survey. These case studies illustrate the different aggregations that can be obtained with our method and compare them with those obtained using existing value system aggregation techniques. In both cases, the results showed a substantial improvement in individual utilities compared to existing alternatives.
Figures & tables
| Policy option | Description |
|---|---|
| The municipality takes the lead and unburdens | |
| you: The municipality will stay in charge and | |
| endorse what residents think is important. | |
| Inhabitants do it themselves: Residents generate | |
| their own energy. | |
| The market decides: The municipality waits and |
| Value | Description |
|---|---|
| Cost-effectiveness | |
| Nature and landscape | |
| Leadership | |
| Cooperation | |
| Self-determination |
| Confidence Bound | Max | |||
|---|---|---|---|---|
| Number of Groups | ||||
| Value-option Matrices Avg. Distance: | ||||
| Weight Vectors Avg. Distance: |
| Group | Consensual Options Ranking |
|---|---|
| Confidence Bound | |||
|---|---|---|---|
| Number of Groups | |||
| Decision Matrices Avg. Distance: | |||
| Weight Vectors Avg. Distance: |
Multi-Criteria Decision Analysis
Multi-Criteria Decision Analysis (MCDA) ranks or selects alternatives by balancing competing criteria, preferences, uncertainty, and constraints.
See all 35 papers