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Weighted Averages in the Ordered Weighted Average Inflation

  • Ernesto León-CastroEmail author
  • Fabio Blanco-Mesa
  • José M. Merigó
Conference paper
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 1000)

Abstract

This paper presents the ordered weighted average weighted average inflation (OWAWAI). The OWAWAI operator is a new formulation for calculating inflation that provides different criteria for the association between the arguments and weights. OWAWAI presents the possibility to generate new approaches that under- or overestimate the results according to the knowledge and expertise of the decision maker. The works present an approach in Chile inflation.

Keywords

OWA operator Inflation Decision making 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Ernesto León-Castro
    • 1
    Email author
  • Fabio Blanco-Mesa
    • 2
  • José M. Merigó
    • 3
    • 4
  1. 1.Universidad Católica de la Santísima ConcepciónConcepciónChile
  2. 2.Universidad Pedagógica y Tecnológica de ColombiaTunjaColombia
  3. 3.School of Systems, Management and Leadership, Faculty of Engineering and Information TechnologyUniversity of Technology SydneyUltimoAustralia
  4. 4.Department of Management Control and Information Systems, School of Economics and BusinessUniversity of ChileSantiagoChile

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