Sensitivity analysis incorporating fuzzy evaluation for scaling constants of multiattribute utility functions

Ichiro Nishizaki, Hideki Katagiri and Tomohiro Hayashida ()

Central European Journal of Operations Research, 2010, vol. 18, issue 3, 383-396

Abstract: A multiattribute utility function can be represented by a function of single-attribute utility functions if the decision maker’s preference satisfies additive independence or mutually utility independence. Additive independence is a preference condition stronger than mutually utility independence, and the multiattribute utility function is in the additive form if the former condition is satisfied, otherwise it is in the multiplicative form. In this paper, we propose a method for sensitivity analysis of multiattribute utility functions in multiplicative form, taking into account the imprecision of the decision maker’s judgment in the procedures for determining scaling constants (attribute weights). Copyright Springer-Verlag 2010

Keywords: Multiattribute utility function; Sensitivity analysis; Scaling constant (attribute weight) (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1007/s10100-009-0115-1

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