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A Theory of Best Choice Selection through Objective Arguments Grounded in Linear Response Theory Concepts

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posted on 2024-07-18, 10:28 authored by Marcel Ausloos, Giulia Rotundo, Roy Cerqueti
In this study, we propose how to use objective arguments grounded in statistical mechanics concepts in order to obtain a single number, obtained after aggregation, which would allow for the ranking of “agents”, “opinions”, etc., all defined in a very broad sense. We aim toward any process which should a priori demand or lead to some consensus in order to attain the presumably best choice among many possibilities. In order to specify the framework, we discuss previous attempts, recalling trivial means of scores—weighted or not—Condorcet paradox, TOPSIS (Technique for Order Preference by Similarity to Ideal Solution), etc. We demonstrate, through geometrical arguments on a toy example and with four criteria, that the pre-selected order of criteria in previous attempts makes a difference in the final result. However, it might be unjustified. Thus, we base our “best choice theory” on the linear response theory in statistical physics: we indicate that one should be calculating correlations functions between all possible choice evaluations, thereby avoiding an arbitrarily ordered set of criteria. We justify the point through an example with six possible criteria. Applications in many fields are suggested. Furthermore, two toy models, serving as practical examples and illustrative arguments are discussed.

History

Citation

Physics 2024, 6(2), 468-482

Author affiliation

College of Social Sci Arts and Humanities School of Business

Published in

Physics

Volume

6

Issue

2

Pagination

468 - 482

Publisher

MDPI AG

eissn

2624-8174

Acceptance date

2024-02-15

Copyright date

2024

Available date

2024-07-18

Language

en

Deposited by

Professor Marcel Ausloos

Deposit date

2024-07-15

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