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paper analyzes the relationship between properties of the primitive functions, such as utility functions u and probability … distributions F, and properties of the stochastic objective. The methods are designed to address problems where the utility …
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Since Paul Samuelson introduced the theory of revealed preference, it has become one of the most important concepts in …, which provides the conditions for a data set to be consistent with the utility maximization hypothesis. We provide and …
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In this paper we introduce a quasi-concave nonlinear multiple attribute utility function (MAUF) to rank multiple … the appropriate theory to rank alternatives. Several examples are presented …
Persistent link: https://www.econbiz.de/10014122769
In this paper a generalized decomposable multiattribute utility function (MAUF) is developed. It is demonstrated that … simplify its structure or assessment. The concept of utility efficiency is developed to identify efficient alternatives when …
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