Decisions with Multiple Objectives: Preferences and Value Trade-OffsCambridge University Press, 1993 - 569 pages Many of the complex problems faced by decision makers involve multiple conflicting objectives. This book describes how a confused decision maker, who wishes to make a reasonable and responsible choice among alternatives, can systematically probe his true feelings in order to make those critically important, vexing trade-offs between incommensurable objectives. The theory is illustrated by many real concrete examples taken from a host of disciplinary settings. The standard approach in decision theory or decision analysis specifies a simplified single objective like monetary return to maximise. By generalising from the single objective case to the multiple objective case, this book considerably widens the range of applicability of decision analysis. |
Table des matières
THE PROBLEM | 1 |
THE STRUCTURING OF OBJECTIVES | 32 |
3 | 66 |
UNIDIMENSIONAL UTILITY THEORY | 131 |
MULTIATTRIBUTE PREFERENCES UNDER | 219 |
MULTIATTRIBUTE PREFERENCES UNDER | 246 |
Utility Independence | 345 |
ILLUSTRATIVE APPLICATIONS | 354 |
PREFERENCES OVER TIME | 473 |
for Consumption and Lifetime | 513 |
549 | |
561 | |
Autres éditions - Tout afficher
Decisions with Multiple Objectives: Preferences and Value Tradeoffs Ralph L. Keeney,Howard Raiffa Affichage d'extraits - 1976 |
Decisions with Multiple Objectives: Preferences and Value Trade-Offs Ralph L. Keeney,Howard Raiffa Aucun aperçu disponible - 1993 |
Decisions with Multiple Objectives: Preferences and Value Trade-Offs Ralph L. Keeney,Howard Raiffa Aucun aperçu disponible - 1993 |
Expressions et termes fréquents
additive independence additive utility function additive value function air pollution airport alternatives amount appropriate assessing utility assume attributes X1 cardinal utility certainty equivalent Chapter concerned conditional utility functions consider costs decision analysis decision maker decision maker's preferences decision problem decreasing defined depend discussed equations evaluating example expected consequence expected utility follows formal given hierarchy illustrate impact implies important increasing utility functions independence conditions indicated indifference curves individual involved Keeney lottery maximize Mexico City monetary multiattribute utility function multilinear form mutual utility independence objectives pair preference structure preferentially independent probabilistic probability distributions procedure Proof proxy attributes questions Raiffa relevant response result risk averse risk premium risk prone scaling constants Section set of attributes specified strategy subjective suppose Texcoco Theorem tion tradeoffs u(yo u₁ uncertainty utility independent chain utility theory X₁ Y₁ z₁ Zn(y Zumpango