Using Ordered Weighted Average for Weighted Averages Inflation

This paper presents the ordered weighted average weighted average inflation (OWAWAI) and some extensions using induced and heavy aggregation operators and presents the generalized operators and some of their families. The main advantage of these new formulations is that they can use two different se...

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Bibliographic Details
Authors: Espinoza-Audelo, Luis Fernando, León-Castro, Ernesto, Olazabal-Lugo, Marycruz, Merigó Lindahl, José M., Gil Lafuente, Anna Maria
Format: article
Status:Versión aceptada para publicación
Publication Date:2020
Country:España
Institution:Universidad de Barcelona
Repository:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/175006
Online Access:https://hdl.handle.net/2445/175006
Access Level:Open access
Keyword:Teoria d'operadors
Presa de decisions (Estadística)
Inflació
Operator theory
Statistical decision
Inflation
Description
Summary:This paper presents the ordered weighted average weighted average inflation (OWAWAI) and some extensions using induced and heavy aggregation operators and presents the generalized operators and some of their families. The main advantage of these new formulations is that they can use two different sets of weighting vectors and generate new scenarios based on the reordering of the arguments with the weights. With this idea, it is possible to generate new approaches that under- or overestimate the results according to the knowledge and expertise of the decision-maker. The work presents an application of these new approaches in the analysis of the inflation in Chile, Colombia, and Argentina during 2017.