Parametrically Dependent Preferences for Multiattributed Consequences

Published Online:https://doi.org/10.1287/opre.24.1.92

The assessment of multiattribute cardinal utility functions can be a difficult experimental problem. To aid in this assessment, we define the concept of parametric dependence of preferences for multiattributed consequences. We show the usefulness of this concept for the assessment of multiattribute utility functions by proving several representation theorems that simplify the assessment problem when parametric dependence holds.

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.