relation: https://pure.iiasa.ac.at/id/eprint/14016/
title: Generalized Utility Independence and Some Implications
creator: Fishburn, P.C.
creator: Keeney, R.L.
description: This paper introduces the concept of generalized utility independence. Subject to various generalized utility independence assumptions, we derive three functional forms for a multiattribute von Neumann-Morgenstern utility function u. These are the additive, the multiplicative, and the quasi-additive forms, each of which expresses u as a combination of utility functions defined on the separate attributes. It is demonstrated that if u is unbounded from above and below, then given the three forms, either reversal of preferences over some attributes occurs or else the additive form must hold.
publisher: INFORMS
date: 1975-10-01
type: Article
type: PeerReviewed
identifier:   Fishburn, P.C. & Keeney, R.L. <https://pure.iiasa.ac.at/view/iiasa/2020.html>  (1975).  Generalized Utility Independence and Some Implications.   Operations Research 23 (5) 928-940. 10.1287/opre.23.5.928 <https://doi.org/10.1287/opre.23.5.928>.       
relation: 10.1287/opre.23.5.928
identifier: 10.1287/opre.23.5.928
doi: 10.1287/opre.23.5.928