Foundations of Multiattribute Utility

Nonfiction, Science & Nature, Mathematics, Reference & Language, Reference, Health & Well Being, Psychology
Cover of the book Foundations of Multiattribute Utility by Ali E. Abbas, Cambridge University Press
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Author: Ali E. Abbas ISBN: 9781108547581
Publisher: Cambridge University Press Publication: May 31, 2018
Imprint: Cambridge University Press Language: English
Author: Ali E. Abbas
ISBN: 9781108547581
Publisher: Cambridge University Press
Publication: May 31, 2018
Imprint: Cambridge University Press
Language: English

Many of the complex problems faced by decision makers involve uncertainty as well as multiple conflicting objectives. This book provides a complete understanding of the types of objective functions that should be used in multiattribute decision making. By using tools such as preference, value, and utility functions, readers will learn state-of-the-art methods to analyze prospects to guide decision making and will develop a process that guarantees a defensible analysis to rationalize choices. Summarizing and distilling classical techniques and providing extensive coverage of recent advances in the field, the author offers practical guidance on how to make good decisions in the face of uncertainty. This text will appeal to graduate students and practitioners alike in systems engineering, operations research, business, management, government, climate change, energy, and healthcare.

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Many of the complex problems faced by decision makers involve uncertainty as well as multiple conflicting objectives. This book provides a complete understanding of the types of objective functions that should be used in multiattribute decision making. By using tools such as preference, value, and utility functions, readers will learn state-of-the-art methods to analyze prospects to guide decision making and will develop a process that guarantees a defensible analysis to rationalize choices. Summarizing and distilling classical techniques and providing extensive coverage of recent advances in the field, the author offers practical guidance on how to make good decisions in the face of uncertainty. This text will appeal to graduate students and practitioners alike in systems engineering, operations research, business, management, government, climate change, energy, and healthcare.

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