Results 151 to 160 of about 735,902 (203)

Multiattribute Utility Copulas

Operations Research, 2009
We introduce the notion of a multiattribute utility copula that expresses any (i) continuous; (ii) bounded multiattribute utility function that is (iii) nondecreasing with each of its arguments, and (iv) strictly increasing with each argument for at least one reference value of the complement attributes, in terms of single-attribute utility ...
Ali Abbas
exaly   +2 more sources

Multiattribute Nonlinear Utility Theory

Management Science, 1984
Independence axioms similar to those proposed for multiattribute von Neumann–Morgenstern linear utility theory are examined in the context of new nonlinear utility theories developed by Chew and MacCrimmon, and Fishburn. These new theories weaken the independence axiom of von Neumann and Morgenstern, and Fishburn's theory does not require preferences ...
exaly   +2 more sources

Invariant multiattribute utility functions

Theory and Decision, 2009
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Ali Abbas
openaire   +3 more sources

One-Switch Independence for Multiattribute Utility Functions

Operations Research, 2011
Assessment of multiattribute utility functions is significantly simplified if it is possible to decompose the function into more manageable pieces. Utility independence is a powerful property that serves well for this purpose, but if it is not appropriate in a given situation, what options does the analyst have?
Ali Abbas, David E Bell
exaly   +3 more sources

Patchwork Constructions of Multiattribute Utility Functions

Decision Analysis, 2022
The construction of a representative multiattribute utility function is important in decision analysis. Existing methods focus mainly on constructions of utility functions on the whole domain of attributes. In some cases, decision makers may provide partial information on their local utility assessments.
Jiehua Xie, Zhengyong Zhou
openaire   +3 more sources

Multiattribute One-Switch Utility

Management Science, 2012
The one-switch property states that the preference between any two lotteries switches at most once as wealth increases. Working within the expected utility framework, we extend the one-switch notion to the multiattribute case and identify the families of multiattribute utility functions that are one-switch.
Ilia Tsetlin, Robert L. Winkler
openaire   +2 more sources

Utility Functions for Multiattributed Consequences

Management Science, 1972
One of the important methodological problems concerning the application of decision analysis to complex problems is the restrictiveness of existing techniques for systematically assessing multiattributed utility functions valid for decision making under uncertainty. This is the problem addressed in this paper.
openaire   +1 more source

Multiattribute Utility Approaches

1998
The most traditional or classic approach in multi-criteria decisional problems consists in defining a utility function comprising all the relevant attributes. This multiattribute utility function is optimised subject to the constraints of the problem. Such methodology is known as Multiattribute Utility Theory (MAUT).
Enrique Ballestero, Carlos Romero
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Utility Independence and Preferences for Multiattributed Consequences

Operations Research, 1971
This paper introduces and defines the concept of utility independence, and derives general expressions for simplifying the assessment of multiattribute utility functions, given that certain utility independence assumptions hold. These results are more general than the commonly used additive utility function, which is shown to be a special case ...
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A Simple Multiattribute Utility Procedure for Evaluation

Behavioral Science, 1977
The general problem of how to determine the worth or utility of alternatives that vary on many dimensions is of great practical importance. Although the number and types of situations that require such evaluations are large, the most usual way of performing such tasks has been unaided “intuition” (or, clinical judgment); i.e., the decision maker ...
Hillel J. Einhorn, William McCoach
openaire   +1 more source