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Additive Utility Functions and Associated Methods

  • Jean-Charles Pomerol
  • Sergio Barba-Romero
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 25)

Abstract

In chapter 4 we saw that the weighted sum is a simple method of aggregating preferences. However, this type of aggregation does pre-suppose a certain number of assumptions on the nature of the decision maker’s preferences; these assumptions are quite strong and by no means simple to explain, as we shall see in this chapter. The key question is: what properties must the decision maker’s preferences satisfy if they are to be expressed in the form of a sum of utility functions?

Keywords

Decision Maker Utility Function Additive Utility Additive Utility Function Complete Preorder 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2000

Authors and Affiliations

  • Jean-Charles Pomerol
    • 1
  • Sergio Barba-Romero
    • 2
  1. 1.Université Pierre et Marie Curie de ParisFrance
  2. 2.Universidad de Alcala de HenaresSpain

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