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Multi-Attribute Utility Theory Explained by Sree Nivas is a document available to read on EtoBox.
What is Multi-Attribute Utility Theory Explained about?
The document discusses multiple objectives decision making and the use of multi-attribute utility theory. It provides an example of a decision problem facing the City of Utrecht to choose a site for a new power station. The objectives are to minimize cost and land damage. A consequence matrix is presented showing the multiple attributes of cost and acres damaged for each site. Additive independence and assessing scaling constants for utility functions with multiple attributes are also discussed.
- Author
- Sree Nivas
- Language
- EN