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Application of Multi-Attribute Utility Theory

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Decision Making and Change in Human Affairs

Part of the book series: Theory and Decision Library ((TDLU,volume 16))

Abstract

Tversky (1967) identified a major goal of scientific investigation as the decomposition of complex phenomena into sets of ‘basic’ factors according to specifiable rules of combination. Following this approach, this review evaluates Multi-attribute Utility Theory (MAUT) in terms of its claim to success in providing an axiomatization of decomposition and recomposition of complex phenomena which is both coherent and didactic.

Notes

This paper was prepared as part of a project funded under agreement H2C5oo539SP with the Programmes Analysis Unit through the U.K. Atomic- Energy Authority.

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© 1977 D. Reidel Publishing Company, Dordrecht-Holland

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Humphreys, P. (1977). Application of Multi-Attribute Utility Theory. In: Jungermann, H., De Zeeuw, G. (eds) Decision Making and Change in Human Affairs. Theory and Decision Library, vol 16. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-1276-8_13

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  • DOI: https://doi.org/10.1007/978-94-010-1276-8_13

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