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Assessment of multiattribute preferences.

R L Keeney

    Science (New York, N.Y.)
    |June 19, 1970
    PubMed
    Summary
    This summary is machine-generated.

    This study outlines operational assumptions for decision-maker preferences. It presents functional forms of multiattribute utility functions for practical preference assessment in complex decisions.

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    Area of Science:

    • Decision Analysis
    • Utility Theory
    • Operations Research

    Background:

    • Decision-making often involves complex choices with multiple attributes.
    • Quantifying preferences in multiattribute scenarios is challenging.

    Purpose of the Study:

    • To establish operational assumptions for decision-maker preferences.
    • To define functional forms of multiattribute utility functions.

    Main Methods:

    • Formulating operational assumptions regarding decision-maker preferences.
    • Deriving and stating specific functional forms for multiattribute utility functions.

    Main Results:

    • Identified specific functional forms of multiattribute utility functions.
    • These forms align with stated operational assumptions.

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    Conclusions:

    • The derived utility function forms offer practical methods for assessing preferences.
    • These methods have broad applicability in real-world decision-making scenarios.