Scholars from 22 countries brainstorm on ‘group decision’
2018-06-11 16:27:00

The 18th "International Conference on Group Decision and Negotiation" undertaken by Nanjing University of Aeronautics and Astronautics was held in Nanjing, Jiangsu Province on June 9.

This marked the first time the conference, a top international academic meeting organized by the Institute for Operations Research and the Management Sciences (INFORMS), was held in Asia.

According to experts, on the basis of Big Data, as long as related application scenarios and data models are established and vast information are input, the model will automatically draw a quantified conclusion of the decision. Experts also said that conventional practice of making decisions on experience or theory may be replaced by precise data analysis in the future.

Zhang Jie, an academician of the Chinese Academy of Sciences, said that the modernization of country governance system and capabilities requires a scientific decision support system. In the new era of rapid technological development, governments at all levels need to master new scientific and technological knowledge, strengthen the application of artificial intelligence and Big Data in group decision-making, and use operations planning and decision-making science to support the modernization of governance systems.

Keith Hipel, fellow of the Royal Society of Canada’s Academy of Science and foreign associate of the U.S. National Academy of Engineering, said that the Shanghai Cooperation Organization Qingdao Summit is a case of group decision-making and negotiation. There are conflicts between diverse subjects in the social environment and different views on interests among different countries, but the key to success is to achieving maximization of overall interests through quantitative methods and analysis of various types of information and data from a systematical approach, according to Keith Hipel.

The conference attracted many well-known scholars from 22 countries or regions including Canada, the United States, Germany, and Japan. More than 200 guests attended the conference, the highest number ever.

Contact us at Editor:Amanda