EVALUATION OF MULTIPLE-CRITERIA ALTERNATIVES USING ADDITIVE UTILITY MEASURES.

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)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1966
Accession Number
AD0633595

Entities

People

  • Peter C. Fishburn

Tags

DTIC Thesaurus Topics

  • Additives (Chemicals)
  • Applied Mathematics
  • Cognition
  • Game Theory
  • Interdisciplinary Science
  • Judgment
  • Mathematics
  • Mental Processes
  • Operations Research
  • Probability
  • Psychological Phenomena And Processes
  • Test And Evaluation

Readers

  • Instructional Design and Training Evaluation.
  • Mathematical Modeling and Probability Theory.