Decision Analysis
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DECISION ANALYSIS
Vol. 4, No. 3, September 2007, pp. 156-166
DOI: 10.1287/deca.1070.0093
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An Elicitation Procedure for the Generalized Trapezoidal Distribution with a Uniform Central Stage

Johan René van Dorp, Salvador Cruz Rambaud, José García Pérez, Rafael Herrerías Pleguezuelo

Department of Engineering Management and Systems Engineering, The George Washington University, Washington, D.C. 20052
Departamento de Dirección y Gestión de Empresas, University of Almería, Almería, Spain
Departamento de Economía Aplicada, University of Almería, Almería, Spain
Departamento de Métodos Cuantitativos para la Economía y la Empresa, University of Granada, Granada, Spain

dorpjr{at}gwu.edu
scruz{at}ual.es
jgarcia{at}ual.es
rherreri{at}ugr.es

Recent advances in computation technology for decision/simulation and uncertainty analyses have revived interest in the triangular distribution and its use to describe uncertainty of bounded input phenomena. The trapezoidal distribution is a generalization of the triangular distribution that allows for the specification of the modal value by means of a range of values rather than a single point estimate. Whereas the trapezoidal and the triangular distributions are restricted to linear geometric forms in the successive stages of the distribution, the generalized trapezoidal (GT) distribution allows for a nonlinear behavior at its tails and a linear incline (or decline) in the central stage. In this paper we develop two novel elicitation procedures for the parameters of a special case of the GT family by restricting ourselves to a uniform (horizontal) central stage in accordance with the central stage of the original trapezoidal distribution.

Key Words: expert judgment; distribution theory; simulation and uncertainty analysis
History: Received on January 9, 2007. Accepted on July 19, 2007.




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