Letter to the Editor—A Note on Recent Developments in Additive Utility Theories for Multiple-Factor Situations

Published Online:https://doi.org/10.1287/opre.14.6.1143

Many significant developments in theories of additive values or utilities have come forth in the past few years. This note summarizes these developments for research workers interested in the subjective evaluation of multiple-factor alternatives. In particular, assumptions (axioms) that permit the use of an additive-value formula are presented. These may enable one to test the warrantability of an additive procedure in specific situations where the theory might be applied.

INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.