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A method is presented to estimate the impact of uncertainty on the results of a multiattribute evaluation prior to conducting a complete probabilistic multiattribute utility analysis. The method assumes that a deterministic analysis has been completed using a weighted-additive multiattribute...
Persistent link: https://www.econbiz.de/10009191776
This paper investigates the accuracy of an approximation procedure for evaluating alternatives under uncertainty with multiple evaluation attributes. This approximation uses only the first two moments of the probability distributions for the alternatives, and hence it can substantially reduce...
Persistent link: https://www.econbiz.de/10009208519