Abstract
The role of multiattribute utility theory is first placed in the overall context of decision analysis. Then an approach that has proven useful in adapting the theory to be a practical tool is illustrated. Several cases where multiattribute utility has been used are briefly discussed. These include both operational and strategic problems involving, for example, siting of large-scale facilities (airports, power plants), medical treatment, the structuring of corporate objectives, environmental management, and personal investment strategy.
Keywords
- Decision Maker
- Utility Function
- Decision Analysis
- Corporate Objective
- Power Plant Site
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Keeney, R.L. (1976). Multiattribute Utility Analysis — a Brief Survey. In: Systems Theory in the Social Sciences. Interdisciplinary Systems Research / Interdisziplinäre Systemforschung. Birkhäuser, Basel. https://doi.org/10.1007/978-3-0348-5495-5_28
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DOI: https://doi.org/10.1007/978-3-0348-5495-5_28
Publisher Name: Birkhäuser, Basel
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