Abstract
Decision situations may become very complex when the evaluation of possible consequences and the quantification of uncertainties is no longer carried out by a single individual. In group deliberations individual preference orderings across a set of choice alternatives may substantially differ from one another. This may be brought about by differences in (a) the evaluation of separate utility dimensions, (b) the relative weights assigned to the several utility dimensions, (c) the combination rules used to arrive at an over-all utility, and (d) assessed probabilities of uncertain outcomes. In some situations of limited communication, each individual decision maker may even consider a specific subset of choice alternatives which is not identical to those of others.
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© 1975 D. Reidel Publishing Company, Dordrecht, Holland
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Wendt, D., Vlek, C. (1975). Editors’ Introduction. In: Wendt, D., Vlek, C. (eds) Utility, Probability, and Human Decision Making. Theory and Decision Library, vol 11. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-1834-0_24
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DOI: https://doi.org/10.1007/978-94-010-1834-0_24
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-1836-4
Online ISBN: 978-94-010-1834-0
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