Multiobjective Decision Making - Utility Theoretic Approach

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2916 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2916 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/2916 archive 351 disk0/00/00/28/62 2016-01-15 01:57:11 2021-08-27 17:12:45 2016-01-15 01:57:11 monograph show 2 Tamura H. 7258 Multiobjective Decision Making - Utility Theoretic Approach pub iis_mod iis_met prog_sds One of the difficult problems in decision analysis relates to the situation, when the decision must be undertaken by a committee. There exist several formalizations of decision making process based on the utility function approach. This approach is however very difficult to apply in the group decision case, since the number of coefficients characterizing the utility function is very high and it is practically impossible to directly identify such utility function. Therefore, reduction of dimensionality of the parameter space is necessary. In this paper a concept of convex dependence between two conflicting decision makers is presented. This concept was effectively used by the author to develop a decomposition principle of the group utility function as well as to formulate the conditions necessary to perform such a decomposition. The concept was successfully applied for a practical example. 1986-08 published CP-86-023 CP-86-023 10 1607 public collaborative_paper IIASA, Laxenburg, Austria 35 FALSE info:eu-repo/semantics/book