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Multiattribute Utility Theory as a Basic Approach

1985
A decision problem can often be formulated as a problem where a set A of potential actions (possible solutions, feasible decisions) is considered among which one must: either choose a single action considered as ‘the best’, or select a subset of actions considered as ‘good’, or order the actions from the best to the worst.
openaire   +3 more sources

Evaluating inherently safer design with multiattribute utility theory

Process Safety Progress, 2018
Incorporating inherently safer design (ISD) into a process safety program can benefit a site's overall process safety program. However, ISD solutions are rarely capable of being implemented without consideration of various tradeoffs associated with other critical operating factors at a plant. Critics have often accused companies of failing to implement
Sean J. Dee   +3 more
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Maut — Multiattribute Utility Theory

2006
In this chapter, we provide a review of multiattribute utility theory. We begin with a brief review of single-attribute preference theory, and we explore preference representations that measure a decision maker’s strength of preference and her preferences for risky alternatives. We emphasize the distinction between these two cases, and then explore the
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An Empirical Comparison Between Expectancy Theory and Multiattribute Utility Theory.

Academy of Management Proceedings, 1983
This is the first comparison between multiattribute utility (MAU) theory and expectancy theory. Several conceptual reasons are listed in favor of MAU, and MAU is empirically found to be the better ...
Charles W. Kennedy, Leah Elliott
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Multiattribute Utility Theory (MAUT)

2016
In this chapter, we provide a review of multiattribute utility theory. We begin with a brief review of single-attribute preference theory, and explore preference representations that measure a decision maker’s strength of preference and her preferences for risky alternatives.
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Generic utility theory: Measurement foundations and applications in multiattribute utility theory

Journal of Mathematical Psychology, 1988
The formulated utility representation is generic in the sense that it is implied by many stronger utility theories. The generic utility representation postulates that the preference order on a subset of two- outcome gamblers with fixed probability is represented by an additive combination of the utility outcomes.
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Partial Information, Dominance, and Potential Optimality in Multiattribute Utility Theory

Operations Research, 1986
When a multiattribute utility function is only partially specified by prior preference statements, what can be said about the relative desirability of actual alternatives? This question is addressed for the cases of additively separable cardinal utility with unknown scaling constants; multiplicatively separable cardinal utility with unknown scaling ...
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Bibliometric Analysis of Multiple Criteria Decision Making/Multiattribute Utility Theory

2009
Electronic journal databases allow for the efficient retrieval and processing of bibliometric data, making enhanced literature reviews, known as research profiling studies, possible. We have conducted such a research profiling study of Multiple Criteria Decision Making/Multiattribute Utility Theory (MCDM/MAUT) using the ISI Web of Science.
Wallenius H.   +3 more
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A Multiattribute Utility Theory-Based Method for Product Line Selection

Journal of Mechanical Design, 2007
This paper presents a method based on multiattribute utility theory (MAUT) that facilitates the selection of a product line. The method helps select the subset of products to manufacture based on criteria at the: (1) product level (e.g., manufacturing cost, profit); and (2) product family level (e.g., commonality, component reuse, variety, market ...
Henri J. Thevenot   +3 more
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The flu shot study: Using multiattribute utility theory to design a vaccination intervention

Organizational Behavior and Human Decision Processes, 1986
Differences between the multiattribute utility (MAU) profiles of participants who had previously gotten flu shots and those who had not done so were used to design an informational brochure urging influenza vaccination. The effectiveness of the MAU brochure was evaluated in a VA ambulatory care clinic with a long-standing influenza vaccination program.
W B, Carter, L R, Beach, T S, Inui
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