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Functional ANOVA, ultramodularity and monotonicity: Applications in multiattribute utility theory

open access: yes
Utility function properties as monotonicity and concavity play a fundamental role in reflecting a decision-maker's preference structure. These properties are usually characterized via partial derivatives.
Borgonovo, E., Beccacece, F.
core  

A Duality Procedure to Elicit Nonlinear Multiattribute Utility Functions. [PDF]

open access: yes
The practical implementation of the Multiattribute Utility Theory is limited, partly for the lack of operative methods to elicit the parameters of the Multiattribute Utility Function, particularly when this function is not linear.
Laura Riesgo, Francisco J. André
core  

Resource Allocation to Interrelated Risky Projects Using a Multiattribute Utility Function

open access: yes
Two major contributions are made to the problem of resource allocation to indivisible projects with uncertain outcomes: the concepts of preferential independence and utility independence for the space of discrete projects are defined, and a ...
Zilla Sinuany-Stern, Abraham Mehrez
core   +1 more source

Endogenous Prospect Theory. [PDF]

open access: yes
In previous models of (cumulative) prospect theory reference-dependence of preferences is imposed beforehand and the location of the reference point is exogenously determined.
Zank, Horst, Schmidt, Ulrich
core  

Evaluating Tisza River Basin Development Plans Using Multiattribute Utility Theory

open access: yes, 1976
Selecting a plan to develop the water resources of a region involves the consideration of economic, environmental, social, and technical objectives. Twelve attributes are defined to indicate the degree to which these objectives are achieved in the Tisza ...
Keeney, R.L.   +3 more
core  

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