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Sensitivity of decisions with imprecise utility trade-off parameters using boundary linear utility

Lookup NU author(s): Dr Malcolm Farrow

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Abstract

In earlier work we have developed methods for analysing decision problems based on multi-attributeutility hierarchies, structured by mutual utility independence, which are not precisely specified due to unwillingness or inability of an individual or group to agree on precise values for the trade-offs between the various attributes. Our analysis is based on whatever limited collection of preferences we may assert between attribute collections. In this paper we introduce three methods to assess the robustness of our selected decision. Two of these use the metric generated by the weights of the boundary linear utility. The third applies directly to the space of trade-off parameters.

Publication metadata

Author(s): Farrow M, Goldstein M

Publication type: Article

Publication status: Published

Journal: International Journal of Approximate Reasoning

Year: 2010

Volume: 51

Issue: 9

Pages: 1100-1113

Print publication date: 22/08/2010

ISSN (print): 0888-613X

ISSN (electronic): 1873-4731

Publisher: Elsevier

URL: http://dx.doi.org/10.1016/j.ijar.2010.08.002

DOI: 10.1016/j.ijar.2010.08.002

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