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Utility Elicitation

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Book cover Elicitation

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 261))

Abstract

This chapter introduces key concepts in modelling preferences under uncertainty, focusing on utility elicitation, both in single and multiple attribute problems. We also discuss issues in relation with adversarial preference assessment. We illustrate all concepts with a case combining aspects of energy and homeland security.

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Acknowledgements

The work of DRI is supported by the Spanish Ministry of Economy and Innovation program MTM2014-56949-C3-1-R and the AXA-ICMAT Chair on Adversarial Risk Analysis. Besides, JGO’s research is financed by the Spanish Ministry of Economy and Competitiveness under FPI SO grant agreement BES-2015-072892. This work has also been partially supported by the ESF-COST Action IS1304 on Expert Judgement and ICMAT Severo Ochoa project SEV-2015-0554 (MINECO).

Author information

Authors and Affiliations

  1. Instituto de Ciencias Matemáticas, CSIC-UAM-UC3M-UCM, Madrid, Spain

    Jorge González-Ortega & David Ríos Insua

  2. Institute for Multidisciplinary Research, Belgrade University, Belgrade, Serbia

    Vesela Radovic

Authors
  1. Jorge González-Ortega
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  2. Vesela Radovic
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  3. David Ríos Insua
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Corresponding author

Correspondence to David Ríos Insua .

Editor information

Editors and Affiliations

  1. Faculty of Economics, CeBER and INESC Coimbra, University of Coimbra, Coimbra, Portugal

    Luis C. Dias

  2. Department of Management Science, University of Strathclyde, Scotland, United Kingdom

    Alec Morton

  3. Department of Management Science, University of Strathclyde, Scotland, United Kingdom

    John Quigley

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González-Ortega, J., Radovic, V., Ríos Insua, D. (2018). Utility Elicitation. In: Dias, L., Morton, A., Quigley, J. (eds) Elicitation. International Series in Operations Research & Management Science, vol 261. Springer, Cham. https://doi.org/10.1007/978-3-319-65052-4_10

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