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Estimates Pareto-Optimal Solution for Hiring with 3 Objectives

Chelsea Song

Last update: 8 November 2023

Copyright license: MIT license, File License

Software version identifier: 0.0.2, 1.0.0, 0.0.1, 1.0.1

Description

Estimates Pareto-optimal solution for personnel selection with 3 objectives using Normal Boundary Intersection (NBI) algorithm introduced by Das and Dennis (1998) <doi:10.1137/S1052623496307510>. Takes predictor intercorrelations and predictor-objective relations as input and generates a series of solutions containing predictor weights as output. Accepts between 3 and 10 selection predictors. Maximum 2 objectives could be adverse impact objectives. Partially modeled after De Corte (2006) TROFSS Fortran program <https://users.ugent.be/~wdecorte/trofss.pdf> and updated from 'ParetoR' package described in Song et al. (2017) <doi:10.1037/apl0000240>. For details, see Study 3 of Zhang et al. (2023).

Cites work

• Normal-Boundary Intersection: A New Method for Generating the Pareto Surface in Nonlinear Multicriteria Optimization Problems
• Diversity shrinkage: Cross-validating pareto-optimal weights to enhance diversity via hiring practices.

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