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  • Search: subject:"multivariate Laplace transform"
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combining good with bad 1 mixex utility 1 multiattribute utility 1 multivariate Laplace transform 1 multivariate one-switch property 1 risk aversion 1 sumex utility 1
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Tsetlin, Ilia 1 Winkler, Robert L. 1
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Multiattribute Utility Satisfying a Preference for Combining Good with Bad
Tsetlin, Ilia; Winkler, Robert L. - In: Management Science 55 (2009) 12, pp. 1942-1952
An important challenge in multiattribute decision analysis is the choice of an appropriate functional form for the utility function. We show that if a decision maker prefers more of any attribute to less and prefers to combine good lotteries with bad, as opposed to combining good with good and...
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