Accession Number : AD0633595

Title :   EVALUATION OF MULTIPLE-CRITERIA ALTERNATIVES USING ADDITIVE UTILITY MEASURES.

Descriptive Note : Technical paper,

Corporate Author : RESEARCH ANALYSIS CORP MCLEAN VA

Personal Author(s) : Fishburn,Peter C.

Report Date : MAR 1966

Pagination or Media Count : 35

Abstract : This paper explains two theories behind additive methods of using human value judgments in the evaluation of multifactor alternatives and describes how these methods may be used. The alternatives to be evaluated in such situations may be, for example, people, performances, plans, policies, products, or systems. The two additivity theories presented come from utility theory, which is concerned with people's preferences. One of these theories is nonprobabilistic; the other uses probabilities. Among the methods discussed for obtaining an evaluator's utility functions for the criteria in a multifactor or multiple-criteria situation are a number of indifference-judgment methods, a method that uses probabilities (the gambles method), and a class of direct numerical-assignment methods. (Author)

Descriptors :   (*DECISION MAKING, *GAME THEORY), DECISION THEORY, NUMERICAL METHODS AND PROCEDURES

Subject Categories : Numerical Mathematics

Distribution Statement : APPROVED FOR PUBLIC RELEASE