An analytical framework for aggregating multiattribute utility functions

J González-Pachón () and C Romero ()
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J González-Pachón: Technical University of Madrid
C Romero: Technical University of Madrid

Journal of the Operational Research Society, 2006, vol. 57, issue 10, 1241-1247

Abstract: Abstract This paper proposes a procedure for aggregating individual cardinal utility functions into a social utility function that represents the preferences of all the individuals as a whole. The procedure is non-interactive and is based upon the determination of the utility consensus values. This is accomplished by minimizing a distance function model that is transformed into an Archimedean goal programming problem. The procedure is applied to a general group multilinear utility function.

Keywords: social choice; aggregation of preferences; goal programming; utility (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (4)

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DOI: 10.1057/palgrave.jors.2602103

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