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best guess heuristic 1 decision analysis 1 multiattribute utility 1 preference model 1 proxy attribute 1 relative importance heuristic 1 worst case heuristic 1
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Damodaran, Nirmala 1 Fischer, Gregory W. 1 Laskey, Kathryn B. 1 Lincoln, David 1
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Management Science 1
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Preferences for Proxy Attributes
Fischer, Gregory W.; Damodaran, Nirmala; Laskey, Kathryn B. - In: Management Science 33 (1987) 2, pp. 198-214
A proxy attribute is an indirect measure of an ultimate decision objective. Keeney and Raiffa (Keeney, R. L., H. Raiffa … attribute "pollution control cost" and the proxy attribute "pollution emissions level" (which served as an indirect measure of … illness). The subjects displayed a near universal bias to overweight the proxy attribute relative to the prescriptions of …
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